A test of time validity of time – Limit for transition of Pre-GST credits
In the absence of a robust Information Technology (‘IT’) platform, a large number of taxpayers failed to timely file the transitional forms. Accordingly, the first set of litigation which came to fore under the GST regime was non-filing of transitional forms due to IT glitches. The disallowance of credit owing to non-filing of aforesaid forms in prescribed time period, was arbitrary, irrational, and violative of Constitution of India. Taking an aerial view, the Courts acknowledged the technological handicap of government(s) and taxpayers, and accordingly permitted manual filing or re-opening of e-portal and have breathed fresh life into taxpayers’ contentions for transition of pre-GST credits.
Through this article, our Managing Partner, Mr. Puneet Bansal and Associate, Ms. Sneha Ghosh has critically examined the various judgements on the issue.
Please find the attached our article titled “A test for time: Validity of time limit for transition of Pre-GST credits “ on the issue.