Fact- M/s. Indusind Media Communications Ltd. (“the assessee”), Due to some error, assessee’s transitional credit and input tax credit for the period 01.07.2017 onwards not being reflected in its electronic ledger account – Assessee filed writ petition seeking appropriate directions to respondents in this regard.
Assessee’s Interpretation of Law- The assesse had relied upon the Tran-1 as the matter was referred to the Grievance Redressal Forum of the GST Council. According to council, the respondents discloses facially that in respect of its Delhi office, the input tax credit of Rs. 7.54 crores was available as on 27.12.2017 and submitted a chart.
Held- The Hon’ble High Court of Delhi in case of M/s. Indusind Media Communications Ltd. Vs Union of India vide W.P. (C) NO. 8691 OF 2018 dated October 16, 2018 ruled that, where due to some error assessee’s transitional credit and input tax credit for period 1-7-2017 onwards not being reflected in its electronic credit ledger account, Competent Authority was directed to permit assessee to fill Form GSTR-3B manually. It was clarified that in the GSTR-3B form, the petitioner can claim transitional as well as the post 01.07.2017 input tax credit.
Citation: [2018] 99 taxmann.com 314 (Delhi)