Now taxpayers can claim transitional credit until June 30

Business Today

n a landmark judgment that may have a severe impact on both state and Central government revenues, the Delhi High court has allowed all taxpayers to claim transitional credit accumulated before the implementation of the GST by June 30, 2020. In the order passed today, the Delhi High Court held that period of 90 days for claiming input tax credit is directory and therefore, period of limitation of…

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