https://www.taxtmi.com/caselaws?id=767631 Madras HC allowed writ petition challenging reversal of ITC claims on time limitation grounds. Court held that retrospective amendments to Section 16 of CGST Act, inserting sub-section (5) with effect from 01.07.2017, entitled petitioners to avail ITC for GSTR-3B filed for FYs 2017-18 to 2020-21 on or before 30.11.2021. The retrospective amendment overrode original limitation period under Section 16(4). Impugned orders reversing ITC claims were quashed, department directed to de-freeze bank accounts and refrain from recovery actions. en-us Fri, 14 Feb 2025 00:00:00 +0530 Fri, 21 Mar 2025 08:25:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767631 Madras HC allowed writ petition challenging reversal of ITC claims on time limitation grounds. Court held that retrospective amendments to Section 16 of CGST Act, inserting sub-section (5) with effect from 01.07.2017, entitled petitioners to avail ITC for GSTR-3B filed for FYs 2017-18 to 2020-21 on or before 30.11.2021. The retrospective amendment overrode original limitation period under Section 16(4). Impugned orders reversing ITC claims were quashed, department directed to de-freeze bank accounts and refrain from recovery actions. Case-Laws GST Fri, 14 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767631