Cgst act 16(4)

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160 Points Posted on 17 February 2024
what is the time limits claim input tax credit
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On 17 February 2024 at 07:21 Report
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This discussion clarifies the time limits for claiming Input Tax Credit (ITC) under Section 16(4) of the CGST Act. The rule states that ITC must be claimed by 30th November following the end of the financial year, or before the date of furnishing the annual return, whichever is earlier. A case challenging this rule has been filed in the Supreme Court.

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GST Practitioner & Accounts
15150 Points Posted on 17 February 2024

30th November ( after end of the financial year) or before the date of furnishing of Annual return, which ever is earlier.

Take more Opinion  on this .  

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On 17 February 2024 at 10:38
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"Do the Right Thing...!!!"
128162 Points Posted on 17 February 2024
No other opinion...

That's the Rule...
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On 17 February 2024 at 15:39
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Tax consultant
552 Points Posted on 18 February 2024
Case has been filled in supreme court challenging the same.
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On 18 February 2024 at 09:24

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