Implementation of new Section 16(5) & (6) for availment of GST Credit for FYs 2017-18 to 2020-21

[@kotichunduri4947]

U explained in a smart way and within a short period, shubham

[@itsmethakur11]

Still department is sending reminders of notice to pay penalty and reverse ITC. They know that this notification is yet to be notified so they are trying to recover the amount anyhow. Such a bastard official of this Gabbar Sing Tax era

[@dharani288]

Sir instead of nov 21 i filed jan 22 with 10k penalty but this year i recieved scn that my all ITC not eligible as filed after nov 21 now they demand 5 lakh please help what I should do now

[@TheTanish_Official.]

Sir, well explained. So, we can't avail now if ITC not availed in 3B and 9-9C earlier in the 2019-20 & 2020-21 before Dec'21.

[@bharatichaudhari]

Excellent, sir

[@SVSR9999]

Sir very well explained 🎉