Rule 86A ITC Blocking Requires Proof, Arbitrary/Negative Blocking Barred: SC

Commissioner of Central Goods And Service Tax & Ors. Vs Karuna Rajendra Ringshia (Supreme Court of India)

Supreme Court Upholds Delhi HC: ITC Blocking Under Rule 86A Must Be Backed by Evidence, Arbitrary or “Negative Blocking” Not Allowed!

In a significant ruling for taxpayers, the Hon’ble Supreme Court of India has upheld the Delhi High Court’s judgment that the blocking of Input Tax Credit (ITC) in the Electronic Credit Ledger (ECL) under Rule 86A of the Please become a Premium member. If you are already a Premium member, login here to access the full content.