SECTION 16 (4)

[MUKESH KUMAR]

u/s 16(4) under Availed ITC

MAINE FINANCIAL YEAR 2018-19 KA ITC NOV 2020 MONTH KE GSTR 3B MAI ITC CLAIM KIYE HAI MUJHE DEPARTMENT NOTICE KIYA HAI KI MUJHE ISKA ITC NHI MILEGA KYUKI APKO ITC CLAIM KARKE KI PERIOD SEP 2020 KE GSTR-3B KI DUE DATE TAK THI AB MUJHE DRC 07 A GYA HAI AB MUJHE KYA KARNA KARNA CHAIYE

KYA FINANCIAL YEAR 2018-19 KA ITC MUJHE MILEGA PLEASE HELP ME

AI Summary

Input tax credit time bar under Section 16(4): late ITC claims may be disallowed despite belated return filings.
Section 16(4) limits when input tax credit may be availed and ITC claimed for FY 2018-19 in a November 2020 GSTR 3B was notified as time barred; most advisers view the claim as disallowable under the statutory time restriction, while an alternative argument suggests belated GSTR 3B filing could warrant litigation against such disallowance.