https://www.taxtmi.com/caselaws?id=793235 A retrospective insertion of section 16(5) in the GST Act extends the time limit for availing input tax credit, but it does not override the substantive conditions in section 16(2) or automatically revive credit already reversed on the facts. Where credit was earlier availed and then reversed because the entitlement conditions were not satisfied, the amendment does not create a fresh right to restore that credit. The requested re-availment of reversed input tax credit is also treated as a barred refund under section 150 of the Finance (No. 2) Act, 2024, on a broad reading of the statutory bar against refund of reversed credit. en-us Fri, 05 Jun 2026 00:00:00 +0530 Thu, 11 Jun 2026 11:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793235 A retrospective insertion of section 16(5) in the GST Act extends the time limit for availing input tax credit, but it does not override the substantive conditions in section 16(2) or automatically revive credit already reversed on the facts. Where credit was earlier availed and then reversed because the entitlement conditions were not satisfied, the amendment does not create a fresh right to restore that credit. The requested re-availment of reversed input tax credit is also treated as a barred refund under section 150 of the Finance (No. 2) Act, 2024, on a broad reading of the statutory bar against refund of reversed credit. Case-Laws GST Fri, 05 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793235