https://www.taxtmi.com/article/detailed?id=15381 Divergent interpretations of Rule 86-A center on whether the rule can target only ITC actually available in the Electronic Credit Ledger or may effectuate negative blocking of future credits. One line construes the rule as limited to ledger-available credit and invalidates orders issued when the ledger balance was nil. An alternate approach permits conditional negative blocking and directs taxpayers to replenish blocked credit pending final adjudication under statutory recovery procedures, creating operational uncertainty for ITC utilisation and compliance. en-us Tue, 11 Nov 2025 08:20:56 +0530 Tue, 11 Nov 2025 08:20:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15381 Divergent interpretations of Rule 86-A center on whether the rule can target only ITC actually available in the Electronic Credit Ledger or may effectuate negative blocking of future credits. One line construes the rule as limited to ledger-available credit and invalidates orders issued when the ledger balance was nil. An alternate approach permits conditional negative blocking and directs taxpayers to replenish blocked credit pending final adjudication under statutory recovery procedures, creating operational uncertainty for ITC utilisation and compliance. Articles Goods and Services Tax - GST Tue, 11 Nov 2025 08:20:56 +0530 https://www.taxtmi.com/article/detailed?id=15381