Late claim of ITC -16(4)

[SUSHIL BANSAL]

Dear Experts,

March 2020 3B filed on 26.11.2020.In adjudication the ITC disallowed being not claimed within the time allowed u/s 16(4). Any good contents /case laws to pleade the matter in appeal.

[Sadanand Bulbule]

Dear Sir

Please peruse Issue ID No.119082. There is huge discussion on the subject under query.

[KASTURI SETHI]

It is an open secret that the matter is sub judice with the Hon'ble Supreme Court. The Supreme Court is very very strict regarding time bar limitations.

AI Summary

Late claim of input tax credit faces time bar scrutiny and risks denial due to strict limitation principles. Late claim of input tax credit for March 2020 was disallowed in adjudication as time barred; the core question is whether such an untimely ITC claim can be sustained on appeal given statutory limitation rules and recent stringent judicial treatment of limitation periods.