Gujarat High Court : GST Provision denying credit of Excise Duty paid on Capital Goods in Transit as on 1st July 2017 is Valid

A two-judge bench of the Gujarat High Court has upheld the constitutional validity of the provisions of section 140 (5) of the Central Goods and Services Tax (CGST) Act, 2017 and clarified that the provision denying the credit of excise duty paid on capital goods which were in transit as on 01.07.2017, post GST rollout, is not violative of Article 14 and 19(1)(g) of the Constitution of India.…