https://www.taxtmi.com/article/detailed?id=9247 The note analyses conflict between judicial rulings treating accumulated CENVAT/ITC as a vested property interest and Rule 117 time limits for filing TRAN-1 under Section 140, and the Finance Act, 2020 retrospective insertion of "within such time and" into Section 140 to validate rule-prescribed time bars. It highlights broad judicial definitions of "technical difficulty" that permitted extensions and manual filings, surveys constitutional limits on retrospective amendments, and sets out implications for taxpayers to preserve claims and pursue remedies given the amendment's potential to negate earlier favorable orders. en-us Mon, 08 Jun 2020 11:15:46 +0530 Wed, 11 Feb 2026 15:58:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9247 The note analyses conflict between judicial rulings treating accumulated CENVAT/ITC as a vested property interest and Rule 117 time limits for filing TRAN-1 under Section 140, and the Finance Act, 2020 retrospective insertion of "within such time and" into Section 140 to validate rule-prescribed time bars. It highlights broad judicial definitions of "technical difficulty" that permitted extensions and manual filings, surveys constitutional limits on retrospective amendments, and sets out implications for taxpayers to preserve claims and pursue remedies given the amendment's potential to negate earlier favorable orders. Articles Goods and Services Tax - GST Mon, 08 Jun 2020 11:15:46 +0530 https://www.taxtmi.com/article/detailed?id=9247