#itc limitation

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GST ITC reversal quashed as Court held that the retrospective amendment to Section 16(5) entitled taxpayers to claim credit for FY 2017–18 to 2020–21 up to 30.11.2021

Case Reference:Nilgiris Silverline Builders Private Limited v. Deputy State Tax Officer – 2, Gudalur Assessment Circle, The NilgirisHigh Court of Judicature at Madras | W.P. No. 4718 of 2025 | Judgment dated 12.02.2025Category: Input Tax Credit (ITC) – Limitation under Section 16(4) and retrospective relief under Section 16(5)Relevant Provisions: Sections 16(4), 16(5) of the CGST Act, 2017;…

GST ITC reversal quashed as Court held that the retrospective amendment to Section 16(5) entitled taxpayers to claim credit for FY 2017–18 to 2020–21 up to 30.11.2021