Input tax credit beyond period prescribed u/s. 16(4) needs to be re-visited post Finance Act, 2024 amendment: Madras HC

Vinayaga Trading Enterprises Vs Deputy State Tax Officer (Madras High Court)

Madras High Court held that rejection of input tax credit on the ground that claim has been lodged beyond period prescribed u/s. 16(4) of the GST Act needs to be re-visited in view of section 16(5) inserted vide section 118 of the Finance (No. 2) Act, 2024.

Facts- 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 lodge

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