https://www.taxtmi.com/caselaws?id=763495 Punjab and Haryana HC noted that Input Tax Credit blocking under Section 86A of the CGST Act may be sustained on a prima facie basis where material suggests fake invoices and non-existent dealers, even without a prior show cause notice or hearing at that stage. The Court treated the provision as a revenue-protective measure based on preliminary satisfaction. However, because the Section 74 adjudication had remained pending for a substantial period, the Court emphasised prompt disposal and balanced business continuity by allowing operation of the blocked bank account against surety for the blocked amount. en-us Thu, 12 Dec 2024 00:00:00 +0530 Fri, 20 Dec 2024 08:46:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763495 Punjab and Haryana HC noted that Input Tax Credit blocking under Section 86A of the CGST Act may be sustained on a prima facie basis where material suggests fake invoices and non-existent dealers, even without a prior show cause notice or hearing at that stage. The Court treated the provision as a revenue-protective measure based on preliminary satisfaction. However, because the Section 74 adjudication had remained pending for a substantial period, the Court emphasised prompt disposal and balanced business continuity by allowing operation of the blocked bank account against surety for the blocked amount. Case-Laws GST Thu, 12 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763495