https://www.taxtmi.com/caselaws?id=412481 The Court ruled in favor of the petitioner in a case challenging the vires of Section 16(2)(c) of the CGST Act, 2017, related to input tax credit. The Court issued a rule for consideration and notice to the Attorney General. Regarding the provisional attachment under Rule 86A of the CGST Rules, the Court held that restrictions on the use of the electronic credit ledger must automatically cease after one year and cannot be extended beyond that period. The Court directed the release of the petitioner's electronic credit ledger from restrictions and scheduled further proceedings on the writ petition. en-us Tue, 14 Sep 2021 00:00:00 +0530 Thu, 27 Mar 2025 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412481 The Court ruled in favor of the petitioner in a case challenging the vires of Section 16(2)(c) of the CGST Act, 2017, related to input tax credit. The Court issued a rule for consideration and notice to the Attorney General. Regarding the provisional attachment under Rule 86A of the CGST Rules, the Court held that restrictions on the use of the electronic credit ledger must automatically cease after one year and cannot be extended beyond that period. The Court directed the release of the petitioner's electronic credit ledger from restrictions and scheduled further proceedings on the writ petition. Case-Laws GST Tue, 14 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412481