ITC Eligibility in case of GST Return of March,2020 filed in December,2020.

[Lav Prajapati]

Whether GST Input claimed in March, 2020 GSTR-3B is allowed, if the same has been filed on 30th Decemeber,2020 ? (Considering the COVID-19 Situations & relaxations provided).

AI Summary

No Extension for GST Input Tax Credit Claims for March 2020 Despite COVID-19 Relaxations, as per Section 16(4). A query was raised regarding the eligibility of claiming GST Input Tax Credit (ITC) for March 2020 when the GSTR-3B was filed on December 30, 2020, considering COVID-19 related relaxations. Experts responded that the Supreme Court and government did not extend the time limit for such claims under Section 16(4) of the CGST Act. Filing a writ under Article 226 was suggested as a potential, though costly and uncertain, legal remedy. It was noted that courts are strict about time limits due to past frauds. The discussion highlighted the importance of proactive compliance and the potential for litigation if significant ITC amounts are involved.