The High Court has affirmed the constitutionality of the time limit imposed for claiming Input Tax Credit (ITC) under the Goods and Services Tax (GST) regime. This decision reaffirms the legal framework governing ITC claims, emphasizing the importance of compliance within the stipulated timeframes. The verdict carries significant implications for businesses operating under the GST system, as it underscores the need for adherence to statutory provisions related to tax credit claims. This article delves into the details of the High Court’s ruling, providing insights into the implications for taxpayers and the broader GST landscape, reaffirming the importance of adhering to the statutory requirements in the realm of indirect taxation in India.
High Court Upholds Constitutionality of Time Limit for GST Input Tax Credit Claims
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