Vinayaga Trading Enterprises Vs Deputy State Tax Officer
Date: October 2, 2024
Subject Matter
ITC beyond period prescribed u/s. 16(4) to be re-visited post Finance Act, 2024 amendment
Summary
In this case, the Madras High Court addressed a writ petition challenging an assessment order dated January 31, 2024, which disallowed input tax credit (ITC) for the financial year 2017-2018 on the grounds that the claim was filed beyond the time lim…
FULL TEXT OF THE JUDGMENT/ORDER OF MADRAS HIGH COURT The present Writ Petition is filed challenging the assessment order dated 31.01.2024 for the period 2017-2018, on the premise that the Input Tax Credit has been disallowed only on the ground that the claims have been lodged beyond the period prescribed under Section 16(4) of the GST Acts. 2. It is submitted that an amendment has been brought int…