Blocking of ITC under Rule 86A of CGST irrelevant as ITC in Electronic Credit Ledger was NIL

Rawman Metal & Alloys Vs Deputy Commissioner of State Tax (Bombay High Court) Bombay High Court held that invocation of provisions of Rule 86-A of the Central Goods and Services Tax Rules, 2017 and blocking of Input Tax Credit not justified since Input Tax Credit available in Electronic Credit Ledger was ‘NIL’. Accordingly, petition is allowed. Facts- The Petitioner challenges the impugned order dated 9 December 2024 made by the Respondent purporting to invoke the provisions of Rule 86-A of the Central Goods and Services Tax Rules, 2017 (CGST Rules) to block the use of Input Tax Credi...