https://www.taxtmi.com/notifications?id=133014 A new rule 86A empowers the Commissioner or an authorised officer not below Assistant Commissioner to withhold debit from the electronic credit ledger where input tax credit appears fraudulently availed or ineligible on specified grounds (documents from non existent suppliers, absence of receipt of goods/services, supplier tax not paid, claimant non existent, or absence of prescribed documents); reasons must be recorded in writing; the officer may later permit debits if conditions no longer exist; the restriction automatically ceases after one year. en-us Mon, 30 Dec 2019 00:00:00 +0530 Fri, 29 May 2020 17:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=133014 A new rule 86A empowers the Commissioner or an authorised officer not below Assistant Commissioner to withhold debit from the electronic credit ledger where input tax credit appears fraudulently availed or ineligible on specified grounds (documents from non existent suppliers, absence of receipt of goods/services, supplier tax not paid, claimant non existent, or absence of prescribed documents); reasons must be recorded in writing; the officer may later permit debits if conditions no longer exist; the restriction automatically ceases after one year. Notifications GST - States Mon, 30 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/notifications?id=133014