https://www.taxtmi.com/article/detailed?id=16571 Input tax credit under section 16(5) of the CGST Act is described as a retrospective beneficial amendment permitting credit for invoices or debit notes relating to the financial years 2017-18 to 2020-21 where returns under section 39 were filed up to 30.11.2021. The provision is presented as overriding section 16(4) and as a basis to re-avail genuine ITC denied for delayed filing or procedural non-compliance. A circular dated 15.10.2024 is said to provide a rectification mechanism for unappealed orders, while several High Courts have treated missed compliance under the circular as a curable defect and applied section 16(5) beneficially. en-us Thu, 04 Jun 2026 08:38:19 +0530 Thu, 04 Jun 2026 08:38:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16571 Input tax credit under section 16(5) of the CGST Act is described as a retrospective beneficial amendment permitting credit for invoices or debit notes relating to the financial years 2017-18 to 2020-21 where returns under section 39 were filed up to 30.11.2021. The provision is presented as overriding section 16(4) and as a basis to re-avail genuine ITC denied for delayed filing or procedural non-compliance. A circular dated 15.10.2024 is said to provide a rectification mechanism for unappealed orders, while several High Courts have treated missed compliance under the circular as a curable defect and applied section 16(5) beneficially. Articles Goods and Services Tax - GST Thu, 04 Jun 2026 08:38:19 +0530 https://www.taxtmi.com/article/detailed?id=16571