Blocking Beyond ITC Available in credit ledgers is Illegal P&H HC

Shyam Sunder Strips Vs Union of India And Others (Punjab and Haryana high court) The Punjab and Haryana High Court decided three connected writ petitions — M/s Shyam Sunder Strips v. Union of India and Others, M/s Shyam Trading Co. v. Union of India and Others, and M/s Kamaldeep Metalics Pvt. Ltd. v. Union of India and Others — concerning the blocking of Electronic Credit Ledgers (ECLs) under Rule 86-A of the Goods and Services Tax (GST) Rules, 2017. The key issue was whether the Commissioner or an authorized officer could block amounts in a taxpayer’s ECL exceeding the credit available...