https://www.taxtmi.com/forum/issue?id=119249 Non-submission of the composition option caused authorities to treat outward supplies as taxable and deny input tax credit; the central question is whether ITC on inward supplies is claimable under the ITC rule given potential lapse of the limitation period, the possibility that tax was demanded through formal assessment procedures, and a later amendment extending the time limit which may affect eligibility if credits were claimed before that extension. en-us Fri, 09 Aug 2024 12:44:31 +0530 Fri, 24 Jan 2025 10:40:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119249 Non-submission of the composition option caused authorities to treat outward supplies as taxable and deny input tax credit; the central question is whether ITC on inward supplies is claimable under the ITC rule given potential lapse of the limitation period, the possibility that tax was demanded through formal assessment procedures, and a later amendment extending the time limit which may affect eligibility if credits were claimed before that extension. Discussion-Forum GST Fri, 09 Aug 2024 12:44:31 +0530 https://www.taxtmi.com/forum/issue?id=119249