Why GST Limitation Matters for BusinessesGST limitation is not merely a technical legal concept. Limitation Does Not Mean “No Risk After the Deadline”A common misconception is:“Once the limitation period expires, the department cannot raise any GST-related issue.” How Businesses Should Maintain a GST Limitation TrackerA good GST compliance system should maintain a year-wise limitation calendar. Conclusion: GST Limitation and Record RetentionGST limitation is an area where timing, documentation and legal strategy intersect. Businesses should proactively monitor the limitation period applicable to every financial year and maintain sufficient documentation to defend their tax positions.