ITC Blocking Beyond One Year Invalid Without Fresh Grounds: P&H HC

NB International Vs Commissioner (Punjab And Haryana High Court) The Punjab and Haryana High Court examined a writ petition seeking unblocking of Input Tax Credit (ITC) amounting to ₹82,50,038 lying in the petitioner’s Electronic Credit Ledger (ECL). The petitioner, a partnership firm engaged in manufacturing brass and copper sheets and utensils in Haryana, was registered under the Central and Haryana Goods and Services Tax Acts, 2017. It had availed ITC in accordance with Section 16 of the GST Act. The grievance arose when, without prior investigation or communication, the petitioner’s ...