https://www.taxtmi.com/highlights?id=102678 Input tax credit under section 16(5) of the CGST Act is a retrospective statutory entitlement where relevant returns were filed within the prescribed cut-off. Failure to submit a rectification application within the period set by a departmental circular does not by itself defeat that entitlement. The denial of credit was quashed because the show-cause notice acknowledged timely filing under section 16(5), and the claim was remitted for reconsideration, subject to satisfaction of other eligibility conditions. en-us Thu, 13 Aug 2026 11:12:29 +0530 Thu, 13 Aug 2026 11:12:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=102678 Input tax credit under section 16(5) of the CGST Act is a retrospective statutory entitlement where relevant returns were filed within the prescribed cut-off. Failure to submit a rectification application within the period set by a departmental circular does not by itself defeat that entitlement. The denial of credit was quashed because the show-cause notice acknowledged timely filing under section 16(5), and the claim was remitted for reconsideration, subject to satisfaction of other eligibility conditions. Highlights GST Thu, 13 Aug 2026 11:12:29 +0530 https://www.taxtmi.com/highlights?id=102678