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of <h1>New CGST Rule: Claim ITC Post-GST Registration Revocation by Nov 30 or 30 Days After Revocation.</h1> Section 16(6) of the CGST Act, effective from November 1, 2024, addresses the availment of Input Tax Credit (ITC) between the cancellation and revocation of GST registration. If a registration is cancelled under Section 29 and later revoked, the registered person can claim ITC on invoices or debit notes not restricted by Section 16(4) at the cancellation date. This claim can be made in a return filed by November 30 following the relevant financial year or within 30 days of revocation, whichever is later. No refund is provided for taxes paid or ITC reversed during this period. Activities performed by overseas related persons without consideration may not be considered as supply, thus not requiring tax payment under reverse charge.
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