Delhi High Court Strikes Down Negative Blocking of ITC Ledger

Kariina Rajendra Ringshia Vs Commissioner of Central Goods and Service Tax and & Ors. (Delhi High Court) The Delhi High Court examined a writ petition filed under Article 226 of the Constitution, seeking directions to unblock the petitioner’s Electronic Credit Ledger (ECL) maintained under the Central Goods and Services Tax Act, 2017, and the Central Goods and Services Tax Rules, 2017. The petitioner submitted that as of April 29, 2024, the ECL reflected a credit balance of ₹7,60,581. However, the authorities had blocked ₹43,76,492, resulting in a negative balance of ₹36,18,911, wh...