https://www.taxtmi.com/caselaws?id=400082 The court clarified that the time limit under the retrospective amendment to Section 140(1) of the CGST Act and MGST Act is mandatory for transitioning credits, emphasizing the need for timely filing of Form GST TRAN-1. It directed the appropriate authority to consider pending applications for carrying forward Cenvat credit into the GST regime, ensuring a fair hearing and issuing speaking orders within 8 weeks. The court also addressed the refusal of manual Form GST TRAN-1, instructing prompt consideration by the authority. Ultimately, the writ petition was disposed of with specific directions for timely resolution and parties bearing their own costs. en-us Fri, 03 Jul 2020 00:00:00 +0530 Thu, 20 Mar 2025 15:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400082 The court clarified that the time limit under the retrospective amendment to Section 140(1) of the CGST Act and MGST Act is mandatory for transitioning credits, emphasizing the need for timely filing of Form GST TRAN-1. It directed the appropriate authority to consider pending applications for carrying forward Cenvat credit into the GST regime, ensuring a fair hearing and issuing speaking orders within 8 weeks. The court also addressed the refusal of manual Form GST TRAN-1, instructing prompt consideration by the authority. Ultimately, the writ petition was disposed of with specific directions for timely resolution and parties bearing their own costs. Case-Laws GST Fri, 03 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400082