Right to avail Transitional Credit not affected due to amendment prescribing ITC time limit

Micromax Informatics Ltd Vs Union of India (Delhi High Court) Micromax Informatics Ltd (Petitioner) who is seeking the benefit of Transitional Credit has filed the current petition by challenging the retrospective amendment brought forth vide Notification No. 43/2020 – Central Tax dated May 16, 2020 which notified changes made vide Section 128 of the Finance Act, 2020 in the Section 140 of the Central Goods and Services Tax Act, 2017 (CGST Act) by prescribing time limit for taking the Input Tax Credit (ITC). Section 140 of the CGST Act mentions provisions relating to Transitional Arrangement...