ITC Blockage Limited to Available Credit: Bombay HC Restricts GST Department’s Powers

Muktai Enterprises Vs Sperintendent (Bombay High Court) Bombay HC Orders Restoration of ₹1.43 Crore ITC Wrongly Blocked Under GST; Partial Relief in ITC Blockage Case: High Court Clarifies Scope of Departmental Powers; GST ITC Blocking Must Follow Lawful Procedure, Rules Bombay High Court; Court Restrains Arbitrary Blocking of Input Tax Credit, Orders Refund to Taxpayer. Bombay High Court in a recent ruling addressed the issue of Input Tax Credit (ITC) blockage under the GST regime. The petitioner challenged the authorities’ action of blocking ITC worth ₹1.85 crore, comprising ₹41.8...