https://www.taxtmi.com/caselaws?id=764055 Rule 86A of the CGST Rules is a temporary revenue-protective measure and cannot be used as a recovery mechanism to create a negative balance in an Electronic Credit Ledger when no input tax credit is available. Where the ledger contains no available credit, the precondition for invoking Rule 86A(1) is not satisfied, and the negative entry is treated as being without jurisdiction. On that basis, the blocking order was kept in abeyance, with connected proceedings stayed pending further orders. en-us Thu, 03 Oct 2024 00:00:00 +0530 Tue, 03 Jun 2025 16:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=764055 Rule 86A of the CGST Rules is a temporary revenue-protective measure and cannot be used as a recovery mechanism to create a negative balance in an Electronic Credit Ledger when no input tax credit is available. Where the ledger contains no available credit, the precondition for invoking Rule 86A(1) is not satisfied, and the negative entry is treated as being without jurisdiction. On that basis, the blocking order was kept in abeyance, with connected proceedings stayed pending further orders. Case-Laws GST Thu, 03 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=764055