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In line with recommendations provided during 53rd GST Council Meeting, CBIC has issued clarification vide Circular No. 211/5/2024-GST date 26th June, 2024 regarding time limit under Section 16(4) of CGST Act, 2017 to claim Input Tax Credit of GST paid under reverse charge on inward supplies received from unregistered person. 1. Issue under Consideration Date of Import of Service: 01.10.2020 Date of Issuance of Invoice and payment of GST Liability under RCM: 1.10.2022 Date of claiming ITC: According to the date of Invoice, i.e., 01.10.2022 2. Stands taken by the Department 3. Contention of the Industry 4. Clarification issued by

Held by Hon’ble High Court of Kerala In the matter of M/s M.TRADE LINKS Vs Union of India (WP(C) NO. 31559 OF 2019) Summary: The Petitioner was denied the Input Tax Credit despite the availability of valid tax invoice, proof of payment of value and receipt of goods. In some cases, ITC was disallowed as the respective supplier failed to disclose the supply in GSTR-1 or failed to pay the tax in GSTR-3B. The petitioner contended filing of ITC in GSTR-1 by the supplier is a facility and it does not impact the entitlement of ITC of the taxpayer. Further,