eligibility of Input tax credit

[Bharat Cholleti]

Dear sir,

Recently 40th GST council has recommended to file the past GST returns of July 2017 to Jan 2020 between 1st July to 30th September. In this regard I would like to know can we claim Input tax credit for the year 2017-18 and 2018-19, time limit prescribed maximum limit is September in Section 16(4) of CGST Act, what is the use of giving the scheme to the dealers is just only to collect the revenue how the interest of the dealer will be protected legitimate input tax which was not all claimed by the dealers so far. please advise, Thanks in advance

AI Summary

Input tax credit eligibility limited by statutory time bar; filing window waives fees but does not revive expired credits.
Eligibility to claim Input Tax Credit is subject to statutory time limits and is not restored merely by a retrospective return-filing window; the announced reliefs chiefly waive or reduce late fees and regularise returns. Revival of time-barred credits would require an explicit government notification or legislative change. Filing pending returns improves compliance status and operational capacity (such as e-way bill generation) but does not confer expired substantive credit rights.