HC: 'Brand Equity' decision applies with 'full rigour' despite retrospective amendment to Section 140

Delhi HC allows Petitioner to revise TRAN-1 Form on or before June 30, 2020 to avail the short transitioning of ITC amounting to Rs. 5.5 crores (approx..) which crept on account of a clerical mistake to fill in the correct details in the right column; Highlighting the adverse ‘procedural working of the GST system’, holds that, “In line with the spirit of the decision of the GST Council and the blurring thin line between technical and non-technical difficulty, keeping in...