Electronic credit ledger restrictions bar use of ineligible or fraudulently availed input tax until conditions are remedied. Rule 86A permits the Commissioner or an authorised officer to withhold debit from the electronic credit ledger for discharge of liabilities or refund claims where, for recorded reasons, input tax credit is believed to be fraudulently availed or ineligible-including credits based on invoices from non-existent suppliers, credits without receipt of goods or services, credits where tax on the supply has not been paid to Government, recipients found non-existent, or where required tax invoices are not possessed; such disallowance must be in writing, may be revoked when conditions cease, and lapses after one year.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Electronic credit ledger restrictions bar use of ineligible or fraudulently availed input tax until conditions are remedied.
Rule 86A permits the Commissioner or an authorised officer to withhold debit from the electronic credit ledger for discharge of liabilities or refund claims where, for recorded reasons, input tax credit is believed to be fraudulently availed or ineligible-including credits based on invoices from non-existent suppliers, credits without receipt of goods or services, credits where tax on the supply has not been paid to Government, recipients found non-existent, or where required tax invoices are not possessed; such disallowance must be in writing, may be revoked when conditions cease, and lapses after one year.
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