https://www.taxtmi.com/caselaws?id=782667 Rule 86A of the Punjab GST Rules operates as a preventive and provisional measure and can be invoked only when input tax credit exists in the electronic credit ledger and recorded reasons show fraudulent or ineligible availment. If the credit is no longer available or has already been utilised, the power cannot be used to create a negative balance or debit the ledger beyond the available credit. Availability of credit is a condition precedent to the exercise of the blocking power, and where no such credit remains, the authority must proceed through ordinary statutory recovery mechanisms instead. en-us Thu, 20 Nov 2025 00:00:00 +0530 Tue, 02 Dec 2025 08:35:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782667 Rule 86A of the Punjab GST Rules operates as a preventive and provisional measure and can be invoked only when input tax credit exists in the electronic credit ledger and recorded reasons show fraudulent or ineligible availment. If the credit is no longer available or has already been utilised, the power cannot be used to create a negative balance or debit the ledger beyond the available credit. Availability of credit is a condition precedent to the exercise of the blocking power, and where no such credit remains, the authority must proceed through ordinary statutory recovery mechanisms instead. Case-Laws GST Thu, 20 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782667