HC: Directs to await SC decision in Brand Equity case pertaining transitional credit availment
Delhi HC directs the petitioner to await for the decision of SC in case of Brand Equities Treaties Ltd. on the issue seeking direction to the Respondents to open the portal enabling the Petitioner to avail transitional CENVAT Credit; Observes that work of filing the TRAN-1 was outsourced to an accountant and on account of multiple columns and lack of knowledge, inadvertent mistakes occurred in claiming the transitional credit which were detected by the Chartered Accountant wh...