ITC Reversal Order Quashed Due to Retrospective Amendment Extending Section 16(4) Time Limit

K. Sudhakar and Co. Vs Superintendent of GST and Central Excise (Madras High Court) The Madras High Court considered a writ petition filed by a registered taxpayer challenging an order passed by the GST authorities, whereby the petitioner’s claim for Input Tax Credit (ITC) was reversed and consequential tax, penalty, and interest were imposed. The petitioner contended that although GSTR-1 returns had been filed on time, the GSTR-3B returns could not be filed within the prescribed period due to difficulties such as financial constraints during the COVID-19 lockdown, health issues, and other d...