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SC stays Delhi HC decision in case of Brand Equity -Transitional credit
Case Law Details
- Case Name
- Union of India Vs Brand Equity Treaties Limited & Ors. (Supreme Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- Supreme Court of India
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Union of India Vs Brand Equity Treaties Limited & Ors. (Supreme Court)
Supreme Court has stayed Delhi HC decision in case of Brand Equity Treaties Limited Vs Union Of India which permitted the assessee to file Form Tran-1 on or before June 30, 2020.
Earlier in In Brand Equity case Delhi High Court Court has directed the Department to allow all assessees to claim input tax credit in TRAN-1 by 30.6.2020. The direction would apply to all those who could not file TRAN-1 and claim input tax credit. ️The court has further directed that it should be advertised that all taxpay...
After staying the order of Delhi High Court in the case of Brand Equities what are the consequences ? Can a dealer file TRAN-1 on or before 30/06/2020 manually as no window is open on GST Portal for TRAN-1 or to wait till final judgment of Supreme Court?? If manually submits will the Assessing Officer issue acknowledgment??
WE HOPE THAT THE HONOURABLE SUPREME COURT MAY CONSIDER THE MISERY OF THE BUSINESS COMMUNITY CAUSED BY SYSTEM GLITCHES IN GSTN.