Section 16(5) of CGST Act allows ITC if return is filed up to 30.11.2021: Karnataka HC

Emmar Project Contractors India (P) Limited Vs Asst. Commissioner of Commercial Taxes (Karnataka High Court) Karnataka High Court held that as per section 16(5) of the CGST Act input tax credit in respect of Financial Years 2017-18, 2018-19, 2019-20 and 2020-21 available in case return u/s. 39 of the CGST Act is filed up to 30.11.2021. Facts- The present appeal is filed against the order rejecting the claim of input credit of Rs.35,3900/- and directing to pay once again the sum of Rs.35,3900 with interest and levy of penalty on the ground the same is filed after the time limit permitted under ...