ITC not claimable on Invoice issued on 01.04.2020 for Services of FY 2018-19

In re Vishnu Chemicals Limited (GST AAR Andhra Pradesh) No ITC on invoices raised for the past period as hit by Period of Limitation The AAR, Andhra Pradesh, in the matter of M/s. Vishnu Chemicals Limited, [AAR No.21/AP/GST/2021 dated July 20, 2021] has held that no Input Tax Credit (“ITC”) on monthly rental tax invoices raised after the expiry of the period of limitation. Facts: M/s. Vishnu Chemicals Limited (“the Applicant”) is engaged in manufacture of Basic Chromium Sulphate, Sodium Sulphate and Chromic Acid. For the purpose of storing the raw materials and finished goods, the Ap...