https://www.taxtmi.com/notifications?id=133992 A new rule 86A allows the Commissioner or an authorised officer to withhold debit from the electronic credit ledger where there is reasoned belief that input tax credit was fraudulently availed or is ineligible - including where suppliers are non-existent, goods or services were not received, tax on the supply was not paid to government, the claimant lacks prescribed documents, or the claimant is non-existent - and to disallow such debit for discharge of liabilities under section 49 or for refund claims; the restriction may be lifted when conditions cease and expires automatically after one year. en-us Tue, 17 Mar 2020 00:00:00 +0530 Tue, 01 Sep 2020 11:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=133992 A new rule 86A allows the Commissioner or an authorised officer to withhold debit from the electronic credit ledger where there is reasoned belief that input tax credit was fraudulently availed or is ineligible - including where suppliers are non-existent, goods or services were not received, tax on the supply was not paid to government, the claimant lacks prescribed documents, or the claimant is non-existent - and to disallow such debit for discharge of liabilities under section 49 or for refund claims; the restriction may be lifted when conditions cease and expires automatically after one year. Notifications GST - States Tue, 17 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/notifications?id=133992