Transitional Credit — Section 140 of the CGST Act, 2017— The petitioner challenged the FAQ released in January, 2018 and the Guidance Note on CGST Transitional Credit dated 14th March, 2018. The Petitioner challenged legality and validity of Section 140 and further sought to set aside the Show Cause Notice dated 27th May, 2020 issued to the petitioner. The petitioner relied upon the judgment of the Madras High Court in Southland Global (P). Ltd. Vs. Assistant Commissioner CGST and Central Excise, Chennai; [2019] 16 TAXLOK.COM 189 (Madras).
Held that:-The Hon’ble High Court issued notice and listed the matter on 07th December, 2020.—Dish TV India Limited Through Its Authorized Representative Vs. Union of India Through Secretary Department of Revenue & Ors. [2020] 27 TAXLOK.COM 078 (Delhi)