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of <h1>Rule 86A: Input Tax Credit Use Restricted for Up to One Year if Suspected Fraud or Ineligible Credit Detected.</h1> Rule 86A of the Central Goods and Services Tax Rules, 2017, outlines conditions under which the Commissioner or an authorized officer can restrict the use of input tax credit in the electronic credit ledger. This restriction applies if there is reason to believe the credit was fraudulently availed or is ineligible due to issues such as non-existent suppliers, lack of actual receipt of goods or services, unpaid taxes, or missing documentation. The restriction can last up to one year, but may be lifted if the reasons for the restriction no longer exist.
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