Negative blocking of ITC beyond available credit held ultra vires Rule 86A; excess electronic ledger block quashed

Negative blocking of ITC beyond available credit held ultra vires Rule 86A; excess electronic ledger block quashedCase-LawsGSTHC examined the challenge to negative blocking of ITC in the petitioner’s electronic credit ledger beyond the credit actually ava

Negative blocking of ITC beyond available credit held ultra vires Rule 86A; excess electronic ledger block quashed
Case-Laws
GST
HC examined the challenge to negative blocking of ITC in the petitioner's electronic credit ledger beyond the credit actually available on the relevant date. Relying on its earlier ratio in Rawman Metal & Alloyes and concurring with views of other HCs that negative blocking is ultra vires Rule 86A, the HC held the impugned communication/order invalid to the ex

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