https://www.taxtmi.com/forum/issue?id=119809 Delayed filing of returns caused disqualification of input tax credit under the statutory time bar in Section 16(4); ITC claimed after the relevant cut off must be reversed and tax, interest and penalties addressed. While recovery notices may be challenged and mitigation of interest or penalty sought, the time bar itself ordinarily prevents restoration of the barred credit; timely reporting before the cut off is the operative compliance safeguard. en-us Thu, 03 Apr 2025 09:29:03 +0530 Sun, 06 Apr 2025 21:56:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119809 Delayed filing of returns caused disqualification of input tax credit under the statutory time bar in Section 16(4); ITC claimed after the relevant cut off must be reversed and tax, interest and penalties addressed. While recovery notices may be challenged and mitigation of interest or penalty sought, the time bar itself ordinarily prevents restoration of the barred credit; timely reporting before the cut off is the operative compliance safeguard. Discussion-Forum GST Thu, 03 Apr 2025 09:29:03 +0530 https://www.taxtmi.com/forum/issue?id=119809