https://www.taxtmi.com/circulars?id=68198 Retrospective insertion of sub-section (5) and sub-section (6) to section 16 of the WBGST Act extends the period for availing input tax credit for specified past financial years and for periods affected by revocation of registration cancellation. The Amendment bars refunds of tax paid or ITC reversed due solely to these retrospective provisions, subject to an exception for pre-deposit repayments on successful appeals. A special rectification procedure under section 148 (Notification No. 309-F.T.) prescribes filing, documentation, officer responsibility and timelines to seek rectification of orders confirming demands for alleged wrong availment under sub-section (4). en-us Thu, 13 Mar 2025 00:00:00 +0530 Mon, 17 Mar 2025 18:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68198 Retrospective insertion of sub-section (5) and sub-section (6) to section 16 of the WBGST Act extends the period for availing input tax credit for specified past financial years and for periods affected by revocation of registration cancellation. The Amendment bars refunds of tax paid or ITC reversed due solely to these retrospective provisions, subject to an exception for pre-deposit repayments on successful appeals. A special rectification procedure under section 148 (Notification No. 309-F.T.) prescribes filing, documentation, officer responsibility and timelines to seek rectification of orders confirming demands for alleged wrong availment under sub-section (4). Circulars GST - States Thu, 13 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68198