P&H HC Directs GST Authorities to Consider ITC Unblocking Within a Week

Mahadev Steel Industries Vs Union of India and another (Punjab and Haryana High Court) The Punjab and Haryana High Court in Mahadev Steel Industries v. Union of India & Anr. directed GST authorities to decide within one week the petitioner’s request for unblocking ₹33,80,886 Input Tax Credit (ITC) in its Electronic Credit Ledger. The firm’s ITC had been blocked on 25 June 2024 under Rule 86A(3) of the CGST Rules, 2017. The petitioner argued that, as per the proviso to Rule 86A(3), the restriction cannot extend beyond one year and should automatically lapse thereafter. The Court noted...