Negative blocking of ECL not allowed: Court upholds taxpayers' right to utilize ITC against GST liability.

Case-Laws – GST – Highlights – The High Court held that the issue of ‘negative blocking’ of Electronic Credit Ledger (ECL) as per the Central Goods and Services Tax Act, 2017 and Rules is no longer an open issue and stands concluded by its previous decis

Negative blocking of ECL not allowed: Court upholds taxpayers' right to utilize ITC against GST liability.
Case-Laws
GST
The High Court held that the issue of 'negative blocking' of Electronic Credit Ledger (ECL) as per the Central Goods and Services Tax Act, 2017 and Rules is no longer an open issue and stands concluded by its previous decision. The Court allowed the petition and set aside the orders disallowing debit from the ECL in excess of the available Input Tax Credit at the time

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