Time limit to claim ITC in a statute not violates right guaranteed under Constitution

ALD Automotive Pvt. Ltd. Vs Commercial Tax Officer (Supreme Court)

The input credit is in nature of benefit/ concession extended to dealer under the statutory scheme. The concession can be received by the beneficiary only as per the scheme of the Statute. Reference is made to judgment of this Court in Godrej and Boyce Mfg. Co. Pvt. Ltd. and Others versus Commissioner of Sales Tax and Others, (1992) 3 SCC 624. Rule 41 and 42 of Bombay Sales Tax, 1959 provided for the set off of the purchase tax. This

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