JUDGMENT

[VIA VIDEO CONFERENCING]

Sanjeev Narula, J.

CM APPL. 14908/2020 (for exemption)

1. Exemption allowed, subject to just exceptions.

2. The application is disposed of.

W.P.(C) 4143/2020

3. The present petition was heard on 21st December, 2020 along with other batch matters relating to difficulties faced by taxpayers in filing form GST TRAN-1 (hereinafter "TRAN-1 Form"). However, considering that the issue involved in the present petition is slightly different as compared to the other batch matters, it is being decided separately by way of this judgment.

4. The Petitioner-R.R. Distributors Private Limited, is engaged in the trading of paper and other like goods. It migrated from the Delhi Value Added Tax Act, 2004 into the GST regime, and as on the appointed date under the GST laws, it had a closing stock of finished goods of Rs.7,44,41,433/- on which it was entitled to claim transitional input tax credit (hereinafter "ITC") in terms of Section 140(3) of the CGST Act, 2017 (hereinafter "the Act"). Accordingly, on 22nd November, 2017, the petitioner filed the statutory TRAN-1 Form for transitioning ITC of Value Added Tax (hereinafter "VAT") of Rs.23,57,203/- under the D