https://www.taxtmi.com/highlights?id=67596 Input tax credit - eligibility of benefit of input tax credit claimed after six months from the date of invoice - the Apex court has held that credit is indefeasible. The Modvat credit is similar to the Input Tax Credit in this case. Therefore, no exception can be taken to the view taken by the Hon’ble Single Judge that the Input Tax Credit cannot be denied on the anvil of the machinery provisions or the provisions relating to the time frame. - HC en-us Tue, 10 Jan 2023 09:23:35 +0530 Tue, 10 Jan 2023 09:23:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=67596 Input tax credit - eligibility of benefit of input tax credit claimed after six months from the date of invoice - the Apex court has held that credit is indefeasible. The Modvat credit is similar to the Input Tax Credit in this case. Therefore, no exception can be taken to the view taken by the Hon’ble Single Judge that the Input Tax Credit cannot be denied on the anvil of the machinery provisions or the provisions relating to the time frame. - HC Highlights VAT and Sales Tax Tue, 10 Jan 2023 09:23:35 +0530 https://www.taxtmi.com/highlights?id=67596