'Retrospective amendment' in GST law: Companies file writ petition in Delhi High Court - THEMARKETTRENDZ

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Wednesday, 1 July 2020

'Retrospective amendment' in GST law: Companies file writ petition in Delhi High Court

The companies claim the government amended the law prohibiting companies to avail tax credit if they had “forgotten” about it only after few companies started claiming it and even approached the courts. Many companies had claimed that when the new tax regime was introduced in July, 2017, they forgot to claim the transitional credit.

from GST-Small Biz-Economic Times
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