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2021 (9) TMI 659 - HC - GSTPower of authorities to block Input Tax Credit of the registered recipient - Rule 86-A of Central Goods and Services Tax Rules, 2017 and Andhra Pradesh Goods and Services Tax Rules, 2017 - HELD THAT:- Rule 86-A (3) is very specific to the effect that the restriction imposed will cease to have effect after the expiry of period of one year from the date of imposing such restriction. There being no dispute that period of one year having elapsed from the date of restriction imposed in the form of blocking the Input Tax Credit. The respondents are directed to de-block the Input Tax Credit and permit the petitioners to utilize the Input Tax Credit of ₹ 2,40,76,129/- blocked in Electronic Credit Ledger on 28.01.2020, within a period of 7 days from today - List this case after six (6) weeks.
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