HC: Directs CBIC to clarify on eligibility of credit carry-forward in GSTR-3B

Madras HC directs CBIC to file an affidavit specifying its decision regarding the issue whether credit carried forward in GSTR-3B is eligible credit or not in writ petition seeking direction to Revenue to allow credit to the tune of Rs. 15 crores (approx.); The Court perused the order which stated “In the impugned proceedings it is stated that the credit carry forward by Petitioner in GSTR-3B cannot be considered as eligible credit till a decision to that effect is taken by...