GSTAT Says Earlier-Year ITC Can Still Be Claimed Later
In short
GSTAT said eligible input tax credit from an earlier year can still be claimed later, if it is within the extended time allowed by Section 16(5). The summary also says a mismatch between GSTR-2A and GSTR-3B by itself does not cancel the credit.
This matters for taxpayers who missed claiming ITC on time. The reporting does not give the full facts of the case or say how much credit was involved.
What the reporting says
GSTAT held that eligible input tax credit relating to earlier financial years can be claimed in a later return within the extended period under Section 16(5), according to a publisher summary. The report also says a GSTR-2A/3B mismatch alone does not extinguish the credit. The immediate consequence is a broader window for claiming eligible ITC, while the exact case facts are not stated.
Why it matters
GSTAT ruled that eligible ITC from earlier financial years can still be claimed in a later return within the extended period under Section 16(5). The publisher summary also says a mismatch between GSTR-2A and GSTR-3B alone does not take away the credit. The decision matters for taxpayers seeking delayed ITC claims, but the reporting does not state the amount or the underlying dispute details.