TRAN-1 credit rejection challenge admitted for notice, with counter affidavit directed within four weeks

A writ petition concerning rejection of TRAN-1 credit was found fit for consideration, and notice was directed to be issued to the respondents. The respondents were further required to file a counter affidavit within four weeks, indicating that the matter was admitted for response on the challenge to denial of transitional input tax credit.

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Issues: Whether the writ petition raising rejection of TRAN-1 credit required consideration and whether notice was to be issued to the respondents.

Outcome: Notice issued to the respondents and counter affidavit directed to be filed within four weeks.

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