ITC Demand Set Aside as Extended Time Limit up to November 2021 Applies to FY 2018-19

Saurabh Agarwalla Vs Union of India And 3 Ors (Gauhati High Court) The Gauhati High Court set aside a demand arising from denial of Input Tax Credit (ITC) under Section 16(4) of the CGST Act, 2017, in light of subsequent statutory amendments extending the time limit for availing ITC. The petitioner had challenged a demand-cum-show cause notice dated October 20, 2023, and the consequent Order-in-Original dated February 7, 2024, which confirmed a demand of ₹2,49,142/- along with interest and penalty on the ground that ITC amounting to ₹2,38,928/- for the financial year 2018-19 had been avail...