https://www.taxtmi.com/article/detailed?id=12742 The GST Council relaxed the time limit for availing Input Tax Credit by prescribing a deemed cutoff date for past financial years, permitting taxpayers who missed the original filing window to claim ITC within the revised period. It further directed that, for cases of cancelled GST registrations, the time-limit bar to claim ITC will be ignored where the relevant return is filed within a short period following revocation, thereby addressing demands raised on procedural non-compliance and reducing related litigation. en-us Thu, 27 Jun 2024 10:16:39 +0530 Thu, 27 Jun 2024 10:16:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12742 The GST Council relaxed the time limit for availing Input Tax Credit by prescribing a deemed cutoff date for past financial years, permitting taxpayers who missed the original filing window to claim ITC within the revised period. It further directed that, for cases of cancelled GST registrations, the time-limit bar to claim ITC will be ignored where the relevant return is filed within a short period following revocation, thereby addressing demands raised on procedural non-compliance and reducing related litigation. Articles Goods and Services Tax - GST Thu, 27 Jun 2024 10:16:39 +0530 https://www.taxtmi.com/article/detailed?id=12742