https://www.taxtmi.com/article/detailed?id=9893 Blocking of input tax credit under Rule 86A permits authorities to restrict credits when there is a reason to believe the credit was fraudulently availed or is ineligible, based on grounds such as invoices from non-existent persons, non-receipt of goods or services, tax not paid to the government on charged documents, or absence of requisite documents. Courts and SOPs require authorities to communicate specific reasons, engage suppliers as well as recipients, afford opportunity to represent, and limit the duration and emergency use of blocking rather than use it as a substitute for assessment proceedings. en-us Thu, 08 Jul 2021 12:49:31 +0530 Thu, 08 Jul 2021 14:40:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9893 Blocking of input tax credit under Rule 86A permits authorities to restrict credits when there is a reason to believe the credit was fraudulently availed or is ineligible, based on grounds such as invoices from non-existent persons, non-receipt of goods or services, tax not paid to the government on charged documents, or absence of requisite documents. Courts and SOPs require authorities to communicate specific reasons, engage suppliers as well as recipients, afford opportunity to represent, and limit the duration and emergency use of blocking rather than use it as a substitute for assessment proceedings. Articles Goods and Services Tax - GST Thu, 08 Jul 2021 12:49:31 +0530 https://www.taxtmi.com/article/detailed?id=9893