HC: Issues notice in writ challenging Rule 117, directs to await SC judgment in Brand Equity

Delhi HC issues notice in writ petition seeking a direction to the Respondents to open the Portal to enable the Petitioner to file its claim of tax credit in Form TRAN-1/TRAN-2 and allow ITC; Notes that Petitioner also prayed for declaration to declare the Rule 117 of the CGST Rules, 2017 providing time limit to file TRAN-1 as ultra vires and in violation of Section 140 of the CGST Act; In this regard, directs to await the judgment of the Apex Court in Union of India vs....