https://www.taxtmi.com/forum/issue?id=115923 Section 16(4) restricts entitlement to input tax credit where returns for the relevant financial year are filed after the statutory cut off tied to the September return following that year or the annual return, making credits claimed after those due dates inadmissible except for IGST on imports. Taxpayers identified as having availed inadmissible credit are advised to reverse or deposit the amount via FORM DRC-03 with interest; non-compliance will lead to recovery and penalties. A proviso allowed a time-limited extension for invoices of 2017 18 where suppliers uploaded details, and Rule 36(4) caps credit admissibility against supplier-uploaded invoices. en-us Thu, 23 Jan 2020 14:15:15 +0530 Thu, 23 Jan 2025 15:54:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115923 Section 16(4) restricts entitlement to input tax credit where returns for the relevant financial year are filed after the statutory cut off tied to the September return following that year or the annual return, making credits claimed after those due dates inadmissible except for IGST on imports. Taxpayers identified as having availed inadmissible credit are advised to reverse or deposit the amount via FORM DRC-03 with interest; non-compliance will lead to recovery and penalties. A proviso allowed a time-limited extension for invoices of 2017 18 where suppliers uploaded details, and Rule 36(4) caps credit admissibility against supplier-uploaded invoices. Discussion-Forum GST Thu, 23 Jan 2020 14:15:15 +0530 https://www.taxtmi.com/forum/issue?id=115923