HC : Disallowing transitional credit on capital-goods 'in-transit' on GST Implementation date not discriminative/arbitrary

HC dismisses assessee’s writ challenging Section 140 (5) of CGST Act, 2017 which does not allow transitional credit of excise duty paid on capital goods 'in-transit' as on July 1, 017; Notes assessee’s grievance that, while Statute allows credit of duty paid on inputs in transit as on July 1, 2017, no such facility is provided to claim credit of excise duty paid on such capital goods; Rejecting assessee’s contention that such...