Patna High Court

JMD Alloys Ltd.

Transitional credit under GST is not available for capital goods in transit, upholding the distinction between "inputs" and "capital goods" as per Section 140(5) of the CGST Act.

Bombay High Court

Damco India Pvt. Ltd.

Extension application u/s 140(5) of the CGST Act is allowed asthe section does not specify a deadline for filing extension applications, it only requires invoices must be recorded within the stipulated time.