TMI BlogBlocking of input tax credit - Provisional ITC - the ITC reversal mechanism, as laid down in section 41...Blocking of input tax credit - Provisional ITC - the ITC reversal mechanism, as laid down in section 41 read with Rules, is kept in abeyance. The facility to furnish GSTR – 2 and GSTR – 3 Forms is also not available. Accordingly, there is no system-based matching of the ITC being carried out presently, and till the time such provisions are given effect, the recipients shall be eligible to claim ITC provisionally on the basis of the invoice issued by customer. - The impugned order of blocking of the ECL of the writ applicant is hereby quashed and set aside - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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