https://www.taxtmi.com/article/detailed?id=9611 Rule 86A authorises a Commissioner-level officer to block debit of electronic input tax credit where there is a reason to believe credit was fraudulently availed or is ineligible; such blocking must be grounded on credible, cogent material rationally connected to that belief, used sparingly to avoid irreversible harm, may be revoked if conditions cease, and expires after one year. The Rule separates entitlement to credit from its utilization, and although it does not expressly require prior show-cause notice, provision of written reasons and procedural safeguards is necessary to prevent misuse. en-us Sat, 02 Jan 2021 22:10:16 +0530 Sat, 02 Jan 2021 22:10:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9611 Rule 86A authorises a Commissioner-level officer to block debit of electronic input tax credit where there is a reason to believe credit was fraudulently availed or is ineligible; such blocking must be grounded on credible, cogent material rationally connected to that belief, used sparingly to avoid irreversible harm, may be revoked if conditions cease, and expires after one year. The Rule separates entitlement to credit from its utilization, and although it does not expressly require prior show-cause notice, provision of written reasons and procedural safeguards is necessary to prevent misuse. Articles Goods and Services Tax - GST Sat, 02 Jan 2021 22:10:16 +0530 https://www.taxtmi.com/article/detailed?id=9611