Karnataka High Court Clarifies ITC Claims Permissible for Returns Filed Before 30.11.2021 Under Amended Section 16(5) of CGST Act
The Karnataka High Court has held that, following the retrospective amendment to Section 16(5) of the CGST Act, claims for Input Tax Credit (ITC) relating to financial years 2017-18 to 2020-21 are permissible if the relevant returns were filed before 30 November 2021, overriding the earlier time limits under Section 16(4).
