Delhi HC admits challenge to Rule 117, Petitioner contests Gujarat HC decision in Willowood

Delhi HC admits petitioner’s writ challenging Rule 117 of CGST Rules, 2017 which denies transitional credit where declaration in TRAN-1 is not submitted within a period of 90 days from introduction of GST regime; Notes that Petitioner in the present case, had not faced any technical glitch, but missed filing before deadline on account of business contingencies; Petitioner submitted that, Gujarat HC ruling in Willowood Chemicals Pvt. Ltd. was passed on an incorrect legal pre...