Time limit under GST to claim input tax credit
constitutionally valid: HC
The Patna High Court has upheld the constitutional
validity of a provision that imposes a time limit for
availing input tax credit (ITC) under the Goods and
Services Tax (GST) laws.
Section 16(4) of the
Central GST Act and the Bihar GST Act stipulate that ITC
will be denied after November 30 following the end of a
financial year to which the relevant invoices or debit
note pertain or after furnishing the relevant annual
return, whichever earlier.
Earlier, the date after which ITC would be denied was
September 30, but the provision was amended in 2022.
A batch of petitions was filed in the court to
challenge the provision as violative of Articles
19(1)(g) and 300A of the Constitution. Article 19(1)(g)
grants individuals the right to practise any profession
or carry on any occupation, trade, or business subject
to reasonable restrictions, and Article 300A requires
the state to follow due procedure and authority of law
to deprive a person of their private property.
Submissions were made on behalf of the petitioners,
arguing that the said provision of the GST law should be
considered as directory and not mandatory.
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