HC allows GST TRAN-1 filing related to distribution and eligibility of ISD Credit

Nuvoco Vistas Corporation Ltd. Vs Union of India and Ors (Bombay high Court) The present petition has been filed in relation to the procedural difficulties/objections raised with regard to distribution and eligibility of Input Service Distributor (ISD) credit of Service Tax under Section 140 of the CGST Act 2017. It is petitioner’s case is that when petitioner attempted distribution of credit transitioned/reporting of the distributed credit by the ISD registration to their units/offices. However, they were not able to distribute/recognize and report the distribution, as there were procedural...