WE have recently imported some machinery from Australia and paid close to Rs.250.00 lacs as IGST on the BCD. The rules provide that input tax has to be claimed before the 30th NOV 2026. We wont be able to cliam this amount y the said deadline. Is there any way out? Any Court rulings, etc? Please advise
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Time limit for claiming Input GST credit
Replies (2)
Quick Summary
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Under Section 16(4) CGST, you must claim ITC (including for import IGST) by 30th November of the year following the FY, or by your annual return date — whichever is earlier.
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A recent Maharashtra AAR ruled that this deadline applies to import IGST too, so you can't claim after it.
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A Tamil Nadu AAR gave relief for re-assessed Bill of Entry: the clock starts from reassessment, not original import.
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Given the risk, you should review reassessments, talk to your CA, and consider whether litigation is feasible — but there’s no broad “extension” available just because you missed the deadline.
The deadline to claim ITC for FY 2025-26 is the earlier of: November 30, 2026, or the date you file your GSTR-9 annual return for FY 2025-26. Any credit missed after that cutoff cannot be reclaimed.
So if you have missed invoices from this year, reconcile them against GSTR-2B now and include them in GSTR-3B before November. Worth checking your books once before the July GSTR-3B cycle closes.
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