Delhi HC to hear challenge to Rule 36(4) making ITC availment contingent upon supplier's compliance

Delhi HC issues notice in a writ petition challenging Rule 36(4) which restricts ITC upto 20% of value of invoices in respect of invoices/debit notes whose details have not been uploaded by the suppliers; Petitioner challenges Rule 36(4) as being ultra vires section 41, 42 and 43 of the CGST Act r.w. section 16 which lays down the entire scheme of matching, verifying and validating credit; Moreover, Petitioner submits that Rule 36(4) finds its reference in Section 43A of...