https://www.taxtmi.com/caselaws?id=766862 Retrospective insertion of Section 16(5) of the CGST Act altered the limitation position for input tax credit claims relating to the specified financial years, allowing registered persons to claim credit where the return under Section 39 was filed up to 30.11.2021. In light of the amendment's effect from 01.07.2017, along with the connected notification and circular, denial of input tax credit solely on the basis of Section 16(4) limitation could not be sustained. The impugned order was quashed to that extent, and consequential relief followed, including restraint on further recovery steps, de-freezing of the bank account, and refund or adjustment of amounts already collected. en-us Fri, 14 Feb 2025 00:00:00 +0530 Wed, 05 Mar 2025 18:21:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766862 Retrospective insertion of Section 16(5) of the CGST Act altered the limitation position for input tax credit claims relating to the specified financial years, allowing registered persons to claim credit where the return under Section 39 was filed up to 30.11.2021. In light of the amendment's effect from 01.07.2017, along with the connected notification and circular, denial of input tax credit solely on the basis of Section 16(4) limitation could not be sustained. The impugned order was quashed to that extent, and consequential relief followed, including restraint on further recovery steps, de-freezing of the bank account, and refund or adjustment of amounts already collected. Case-Laws GST Fri, 14 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766862