16/4 IN ELIGIBLE ITC ORDER

[DURAI RAJ]

for the FY-2019-20 us/16/4 ITC claimed on after due date but we claimed before 30.11.2021 how and department issued order DRC-07 how to we use GST Amnesty scheme as per 53rd Council meeting kindly guide

[KASTURI SETHI]

What is the date of issuance of Order in Form GST DRC-07 ? 

On which date you claimed ITC for the financial year 2019-20 ?

[KASTURI SETHI]

Dear Querist,

Pl. go through latest case law :-

2024 (12) TMI 330 - MADRAS HIGH COURT- M/S. SJB AUTOMOBILES PRIVATE LIMITED REP. BY ITS DIRECTOR MR. SIVA BALAKRISHNAN VERSUS THE ASSISTANT COMMISSIONER OF GST & CENTRAL EXCISE, COIMBATORE

[KASTURI SETHI]

2024 (8) TMI 386 - MADRAS HIGH COURT - M/S. SAGAR BRUSH INDUSTRIES, REP. BY ITS PROPRIETOR PREM SAGAR, MADURAI VERSUS THE STATE TAX OFFICER, OFFICE OF THE ASSISTANT COMMISSIONER (ST) , MADURAI.

[DURAI RAJ]

Date of order is 27.08.2024 sir

[Shilpi Jain]

Please refer to Circular 237/31/2024-GST dated 15th Oct '24 --> https://taxinformation.cbic.gov.in/view-pdf/1003242/ENG/Circulars

AI Summary

Can Input Tax Credit for 2019-20 be claimed after the due date under GST Amnesty scheme? A user inquired about claiming Input Tax Credit (ITC) for the financial year 2019-20 after the due date, yet before November 30, 2021, and sought guidance on utilizing the GST Amnesty scheme following the 53rd Council meeting. The discussion included a request for specifics on the issuance date of the GST DRC-07 order, which was confirmed as August 27, 2024. References were made to relevant case laws from the Madras High Court and a circular dated October 15, 2024, for further guidance.