https://www.taxtmi.com/caselaws?id=795376 Rule 86A permits restriction on utilisation only of input tax credit available in the electronic credit ledger; it does not authorise negative blocking that extends to future credits. The notes state that restrictions creating a negative ledger balance beyond available credit conflict with a consistently followed coordinate-bench interpretation. Negative blocking beyond the existing electronic credit ledger balance is therefore impermissible, while lawful further action by revenue authorities remains open. en-us Wed, 15 Jul 2026 00:00:00 +0530 Tue, 21 Jul 2026 08:32:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=795376 Rule 86A permits restriction on utilisation only of input tax credit available in the electronic credit ledger; it does not authorise negative blocking that extends to future credits. The notes state that restrictions creating a negative ledger balance beyond available credit conflict with a consistently followed coordinate-bench interpretation. Negative blocking beyond the existing electronic credit ledger balance is therefore impermissible, while lawful further action by revenue authorities remains open. Case-Laws GST Wed, 15 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=795376