https://www.taxtmi.com/article/detailed?id=13198 Rule 86A authorises a senior officer to disallow debits from the electronic credit ledger to the extent of fraudulently availed or ineligible input tax credit, and such blocking may be imposed even when the ledger has a zero balance, covering amounts already utilised and amounts that accumulate subsequently up to the limit specified in the blocking order; the prohibition must be recorded in writing, may be lifted if conditions cease to exist, and ceases after one year. en-us Thu, 12 Dec 2024 09:51:32 +0530 Thu, 12 Dec 2024 09:51:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13198 Rule 86A authorises a senior officer to disallow debits from the electronic credit ledger to the extent of fraudulently availed or ineligible input tax credit, and such blocking may be imposed even when the ledger has a zero balance, covering amounts already utilised and amounts that accumulate subsequently up to the limit specified in the blocking order; the prohibition must be recorded in writing, may be lifted if conditions cease to exist, and ceases after one year. Articles Goods and Services Tax - GST Thu, 12 Dec 2024 09:51:32 +0530 https://www.taxtmi.com/article/detailed?id=13198