Section 140 of the CGST Act, 2017— Transitional Credit -- The petitioner sought a direction to the respondents to allow the petitioner to carry forward in its electronic credit ledger the eligible credit which was available in the books of accounts of the petitioner as on 30.06. 2017 and submitted to declare Rules 117 and 120A are ultra vires Sections 140 and 174 of the Act. The petitioner submitted that he tried to file TRAN-1 form within the extended time period i.e. 27th December, 2017 but due to technical glitches at the end of the respondents, he was unable to file the same.
Held that:-The Hon’ble High Court issued notice and directed that counter-affidavits be filed within four weeks and Rejoinder-affidavits, if any, be filed within four weeks thereafter.—Shriniwas Tin Industries Pvt. Ltd. Vs Union of India & Ors.  26 TAXLOK.COM 001 (Delhi)