Rule 86A(1) Cannot Mandate Taxpayer to Replenish ECL for Past ITC: Delhi HC

Best Crop Science Pvt. Ltd. Through Authorized Representative Vs Principal Commissioner (Delhi High Court) In a significant judgment, the Delhi High Court addressed multiple petitions, including the case of Best Crop Science Pvt. Ltd. vs. Principal Commissioner, dealing with the applicability of Rule 86A of the CGST Rules. The court ruled that the provisions under Rule 86A(1) do not mandate taxpayers to replenish their Electronic Credit Ledger (ECL) with valid Input Tax Credit (ITC) equivalent to past usage. The decision clarifies that any restriction on debiting the ECL should be limited to t...