Tag: sec 16(4) of cgst act

ArticleGST Article

TR-6 Challan used for Payment of IGST on Imports, disputed for availing ITC

byCA Bimal Jain

The Tamil Nadu AAAR in the matter of M/s. Becton Dickinson India Private Limited [Order in Appeal No: AAAR/6/2025, order dated October 08, 2025] held that neither a TR-6 challan, nor a TR-6 challan read with SVB order and authority letters, is a prescribed document for claiming ITC under Section 16(2) of the CGST Act read with Rule 36(1)(d) of the CGST Rules. The Authority further held that ITC on IGST paid via re-assessed Bill of Entry is governed by the time limit in Section 16(4) of the CGST Act.

GST Article

Summary of the Honourable Madras High Court’s important recent Order i.r.o Section 16(4) read with newly inserted 16(5)/16(6)

byAdmin

GST UPDATEZ ON 27-11-2024: The Honorable High Court of Madras in its judgement under W.P.No.25081 of 2023 in the case of Sri Ganapathi Pandi Industries vs The Assistant Commissioner (State Tax) (FAC), Chennai North Division, has allowed a batch of writ petitions relating to delayed availability of ITC under GST, based on the recently inserted provisions of 16(5) of the CGST Act 2017.