Transitional Credit Issue- Decide on Taxpayer representation: HC

Ankit Babeley Vs. State of M.P. & Ors. (Madhya Pradesh High Court) Petitioner was unable to file Trans-1 within permissible time and requested to allow the petitioner to file the same so as to enable him to claim transitional credit of eligible duties in respect of inputs held in stock on the appointed day in terms of Section 140(3) of the Act. It was urged that no heed was paid by the respondents. Accordingly, a prayer was made that respondents be directed to consider and decide the said representation. Learned counsel appearing for the respondents did not object to the said prayer and st...