Non-Filing Of GST Return Due To Technical Glitch, Bank Can't Be Penalised: Telangana High Court

In a significant ruling, the Madras High Court has provided relief to SCB India regarding the transitional credit under the Central Goods and Services Tax (CGST) Act, 2017. The court addressed the issues surrounding the technical glitches encountered by SCB India while filing TRAN-1 forms and clarified the legal position under Section 140 of the CGST Act, 2017. Background of the Case SCB India, a prominent corporate entity, faced technical…