Karnataka HC's notice in writ challenging transition of Krishi Kalyan and Education Cess
Karnataka High Court issues notice in writ petitions challenging the retrospective amendment dated August 30, 2018 to Section 140(1) of the CGST Act, prohibiting transition of credit of Education Cess, Secondary Higher Education Cess and Krishi Kalyan Cess w.e.f.. July 1, 2017; Notes petitioner's contention that credit is a vested right and it cannot be unsettled through retrospective amendments; Posts the matter on April 25 : Karnataka HC...