Already tax paid Refund or

Below is summarised year wise time limit to avail Input Tax Credit u/s 16(4) with Extended Time Lines

Financial Year Original Last Date to Avail ITCExtended Date to Avail ITC
2017-18 20-04-2019 30-11-2021
2018-19 20-10-2019 30-11-2021
2019-20 20-10-2020 30-11-2021
2020-21 20-10-2021 30-11-2021
Replies (1)
  • The Rule: While Section 16(5) retrospectively extends the ITC timeline to November 30, 2021, for FY 2017-18 through 2020-21, Section 150 flatly prohibits the refund of any tax already paid or credit already reversed on account of past 16(4) compliance concessions.

  • The Out: If you face an active/unpaid demand order, you must file a Rectification Application on the GST portal under Notification No. 22/2024 to get the liability dropped. For automated, forced recoveries made by the department, a Writ Petition in the High Court is the only viable path to seek adjustment or refund.

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