https://www.taxtmi.com/article/detailed?id=12988 The amendment creates retrospective exceptions to the statutory limitation on claiming Input Tax Credit, permitting ITC for specified earlier financial years if claimed in the prescribed periodic return by a designated cut off date, and permitting ITC where registration cancellation is revoked subject to conditional filing windows; implementation includes a rectification procedure and administrative guidance but also a provision restricting refunds for taxes paid or credits reversed that would not have been so paid or reversed had the amendment been in force. en-us Fri, 04 Oct 2024 08:29:42 +0530 Fri, 04 Oct 2024 08:29:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12988 The amendment creates retrospective exceptions to the statutory limitation on claiming Input Tax Credit, permitting ITC for specified earlier financial years if claimed in the prescribed periodic return by a designated cut off date, and permitting ITC where registration cancellation is revoked subject to conditional filing windows; implementation includes a rectification procedure and administrative guidance but also a provision restricting refunds for taxes paid or credits reversed that would not have been so paid or reversed had the amendment been in force. Articles Goods and Services Tax - GST Fri, 04 Oct 2024 08:29:42 +0530 https://www.taxtmi.com/article/detailed?id=12988