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TMI BlogInput Tax CreditX X X X Extracts X X X X X X X X Extracts X X X X ..... Input Tax Credit X X X X Extracts X X X X X X X X Extracts X X X X ..... he department is asking to pay the tax with interest .is that correct or can we go for appeal? kindly give reply with citations if any. Reply By Amit Agrawal: The Reply: Assuming that requirements of Rule 36(4) of the CGST Rules, 2017 (as amended from time to time) is duly fulfilled while taking ITC in FY 2018-19, Dept's objection is legally not tenable. It is worth noting that clause (aa) u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... /s 16(2) is brought into statute book only w.e.f. 01.01.2022. These are ex facie views of mine and the same should not be construed as professional advice / suggestion. Reply By KASTURI SETHI: The Reply: The objection raised by the department is worth contesting. Reply By Padmanathan Kollengode: The Reply: It is worth going for appeal. I am presuming it is Central GST Department who has ra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ised this demand, as I frequently see here in Kerala. They might have also quoted that supplier filed GSTR-1 beyond 16(4) hence denied. The time limit under section 16(4) is only for taking the credit by the recipient. Since in your case you have taken credit within this time, the ITC cannot be denied because supplier has filed GSTR-1 beyond the time limit under 16(4). Moreover, section 16(2)(aa) ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... was not in operation during 18-19. Therefore worth going for appeal. Reply By Ganeshan Kalyani: The Reply: The maxim "Lex non Cogit ad impossibilia" means the law does not compel a man to do anything vain or impossible or to do something which he cannot possibly perform. Here, in your case, you don't have control over your supplier to ensure that he files his GSTR-1 within statut ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ory time line. At the most you can advise him/her verbally or by email. Reply By Pradeep Reddy: The Reply: Agree with answers of the experts above Reply By Shilpi Jain: The Reply: Many such notices have been issued and in my view also it is contestable. Though the only issue is that the amount of expense required to contest this would be more than the demand itself. This is the fate of many o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f the taxpayers today. X X X X Extracts X X X X X X X X Extracts X X X X
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