The Madras High Court, while hearing a petition seeking re-opening of GST TRAN-1, has expressed a view that the input tax credit, is a substantive right, cannot be denied to the assessees on the ground of procedural grounds. The bench also clarified that the due dates prescribed under the GST laws are mere procedural grounds. […]
The post Due Dates to claim Transitional Credit is Procedural in Nature, Input Credits can’t be denied on Procedural Grounds: Madras HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws https://ift.tt/2Inbppt
No comments:
Post a Comment