https://www.taxtmi.com/caselaws?id=470283 Rule 86A cannot validly block input tax credit where the electronic credit ledger has a nil balance. The notes state that, although the blocking order purported to restrict specified credit for two financial years, no credit stood available in the ledger on the relevant date. Applying precedents concerning negative blocking, the proposed restriction was unsustainable because Rule 86A cannot operate to create a negative credit balance. The blocking of credit was therefore invalid. en-us Fri, 28 Nov 2025 00:00:00 +0530 Tue, 21 Jul 2026 23:33:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470283 Rule 86A cannot validly block input tax credit where the electronic credit ledger has a nil balance. The notes state that, although the blocking order purported to restrict specified credit for two financial years, no credit stood available in the ledger on the relevant date. Applying precedents concerning negative blocking, the proposed restriction was unsustainable because Rule 86A cannot operate to create a negative credit balance. The blocking of credit was therefore invalid. Case-Laws GST Fri, 28 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470283