https://www.taxtmi.com/notifications?id=133230 The amendment inserts rule 86A empowering the Commissioner or an authorised officer to disallow debit of amounts from the electronic credit ledger where there are recorded reasons to believe input tax credit was fraudulently availed or is ineligible, including credits based on invoices from non existent suppliers, credits without receipt of goods or services, credits where tax charged has not been paid to Government, or absence of prescribed documents; the authority must record reasons in writing, may later allow debit if satisfied conditions no longer exist, and such restriction ceases after one year from imposition. en-us Wed, 08 Jan 2020 00:00:00 +0530 Fri, 19 Jun 2020 14:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=133230 The amendment inserts rule 86A empowering the Commissioner or an authorised officer to disallow debit of amounts from the electronic credit ledger where there are recorded reasons to believe input tax credit was fraudulently availed or is ineligible, including credits based on invoices from non existent suppliers, credits without receipt of goods or services, credits where tax charged has not been paid to Government, or absence of prescribed documents; the authority must record reasons in writing, may later allow debit if satisfied conditions no longer exist, and such restriction ceases after one year from imposition. Notifications GST - States Wed, 08 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=133230