HC admits challenge over ITC availment restriction of taxes paid pursuant to adjudication proceedings

HC issues Notice to Revenue in writ challenging Section 142(8) of CGST Act which restricts availment of ITC on taxes paid pursuant to any assessment of adjudication proceedings; Notes that Petitioner was forced to pay Countervailing Duty (CVD) and Special Additional Duty (SAD) for non-fulfillment of export obligations (EOs) post GST and was unable to take ITC of same; Lists the matter on February 18, 2019....