Supreme Court stayed operation of Delhi High Court Order on transition of Pre-GST credit in Brand Equity
The Supreme Court has stayed the operation of Delhi High Court judgement in the case of Brand Equity Treaties Limited wherein High Court has read down the time limit prescribed under Rule 117 of the Central Goods and Services Tax Rules, 2017 (‘CGST Rules’). The Union of India filed Special Leave Petition (‘SLP’) for quashing the order of the Delhi High Court allowing pre-GST credit to GST up to 30 June 2020.
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