https://www.taxtmi.com/article/detailed?id=9378 The issue is whether the statutory filing period for claiming Transitional input tax credit is mandatory or directory. Section 140 and implementing rules require a prescribed electronic declaration within a fixed period to carry forward pre GST credit, with limited extension mechanisms. Claimants argue portal failures and vested accruals justify a directory construction; revenue contends input tax credit is a concession subject to strict, time bound conditions. Courts have issued conflicting rulings, producing litigation and uncertainty pending authoritative resolution. en-us Mon, 27 Jul 2020 10:40:59 +0530 Mon, 27 Jul 2020 10:40:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9378 The issue is whether the statutory filing period for claiming Transitional input tax credit is mandatory or directory. Section 140 and implementing rules require a prescribed electronic declaration within a fixed period to carry forward pre GST credit, with limited extension mechanisms. Claimants argue portal failures and vested accruals justify a directory construction; revenue contends input tax credit is a concession subject to strict, time bound conditions. Courts have issued conflicting rulings, producing litigation and uncertainty pending authoritative resolution. Articles Goods and Services Tax - GST Mon, 27 Jul 2020 10:40:59 +0530 https://www.taxtmi.com/article/detailed?id=9378