https://www.taxtmi.com/article/detailed?id=15762 The High Court held that Rule 39(1)(a) of the CGST Rules, insofar as it mandates same month distribution of Input Tax Credit, is ultra vires Section 20 of the CGST Act because the parent statute only delegated power to prescribe the manner of distribution, not to impose a substantive time limit that could extinguish a lawfully availed vested ITC; the Court also found procedural defects in the audit and rejected extended limitation where returns disclosed particulars. en-us Sat, 24 Jan 2026 08:40:47 +0530 Sat, 24 Jan 2026 08:40:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15762 The High Court held that Rule 39(1)(a) of the CGST Rules, insofar as it mandates same month distribution of Input Tax Credit, is ultra vires Section 20 of the CGST Act because the parent statute only delegated power to prescribe the manner of distribution, not to impose a substantive time limit that could extinguish a lawfully availed vested ITC; the Court also found procedural defects in the audit and rejected extended limitation where returns disclosed particulars. Articles Goods and Services Tax - GST Sat, 24 Jan 2026 08:40:47 +0530 https://www.taxtmi.com/article/detailed?id=15762