https://www.taxtmi.com/caselaws?id=758977 Delayed availment of Input Tax Credit under the GST enactments for the 2017-2018 and 2018-2019 assessment years was examined in light of Section 16(4) and the subsequent introduction of Sections 16(5) and 16(6) of the CGST Act, with the expected corresponding amendment in the Tamil Nadu GST Act also noted. The court considered the principle that Input Tax Credit should be granted where tax is demanded and found it appropriate for the matter to be reconsidered in the light of the amended legal position. The impugned order was set aside and the matter was remitted for fresh decision on merits and in accordance with law. en-us Wed, 28 Aug 2024 00:00:00 +0530 Fri, 09 May 2025 21:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758977 Delayed availment of Input Tax Credit under the GST enactments for the 2017-2018 and 2018-2019 assessment years was examined in light of Section 16(4) and the subsequent introduction of Sections 16(5) and 16(6) of the CGST Act, with the expected corresponding amendment in the Tamil Nadu GST Act also noted. The court considered the principle that Input Tax Credit should be granted where tax is demanded and found it appropriate for the matter to be reconsidered in the light of the amended legal position. The impugned order was set aside and the matter was remitted for fresh decision on merits and in accordance with law. Case-Laws GST Wed, 28 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758977