No blocking of ITC in Electronic Credit Ledger if sufficient balance was not available

Advertisement PMW Metal And Alloys Pvt Ltd Vs Union of India & Ors. (Gujarat High Court) Conclusion: Where there was Nil or insufficient balance in a particular tax head in the Electronic Credit Ledger, then the balance in another tax head could be blocked only if the cross-utilization from such head was permissible in law. But such cross-utilization between CGST and SGST was not permissible and therefore, the SGST credit ledger could not be blocked if sufficient credit balance was not available under the CGST head and vice versa. Held: Assessee-company was engaged in manufacturing of l...