HC: Issues notice in writ challenging Rule 36(4) restricting ITC availment, issues notice

Rajasthan HC issues notice to Revenue in Writ Petition challenging the notification dated October 09, 2019 introducing sub-rule (4) to Rule 36 of the CGST and RGST Act; Said sub-rule places restriction on availment of ITC @10/20% over and above amount reflected in GSTR 2A, despite having valid Tax Invoice; Considers Assessee’s plea that the introduction of such sub-rule (4) to Rule 36 is ultra vires to Sections 38(1) and 42(3) of the CGST and RGST Act; L...