Composition scheme under section 10

[gunda ashok kumar]

Sir In continuation of my query I would like to submit that due non submission of option coming out from composition the authority has levied GST 12% and 18% for the years 2018-19 to 2019-20 on outward supply of taxable value but denied ITC. In instant case kindly clarify whether the client eligible ITC for the disputed period as per Rule 6

AI Summary

Forum Explores GST Input Tax Credit Eligibility Under Composition Scheme; Section 16(4) Time Limit Concerns Raised A discussion on a forum addresses a query regarding the Goods and Services Tax (GST) and the eligibility for Input Tax Credit (ITC) under the composition scheme. The original post highlights an issue where GST was levied at 12% and 18% for 2018-19 to 2019-20 due to non-submission of an option, and ITC was denied. Replies suggest that the time limit under section 16(4) of the CGST Act may have lapsed, making ITC eligibility doubtful. The discussion also mentions a possible demand under Section 74 and queries if ITC was claimed before November 2021.