https://www.taxtmi.com/highlights?id=103444 Blocked input tax credit cannot be used for an appellate pre-deposit while a valid Rule 86A restriction prohibits debit of the electronic credit ledger. Section 49(4) permits use of ledger credit towards output-tax payments only subject to prescribed conditions and restrictions; it therefore creates no absolute right to use blocked credit for pre-deposit. Rule 86A operates provisionally, requires recorded reasons for the restriction, and permits an unblocking application when the grounds no longer subsist. The unblocking request must be considered expeditiously, with a speaking order and reasonable opportunity before any proposed rejection. en-us Sat, 05 Sep 2026 08:44:39 +0530 Sat, 05 Sep 2026 08:44:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=103444 Blocked input tax credit cannot be used for an appellate pre-deposit while a valid Rule 86A restriction prohibits debit of the electronic credit ledger. Section 49(4) permits use of ledger credit towards output-tax payments only subject to prescribed conditions and restrictions; it therefore creates no absolute right to use blocked credit for pre-deposit. Rule 86A operates provisionally, requires recorded reasons for the restriction, and permits an unblocking application when the grounds no longer subsist. The unblocking request must be considered expeditiously, with a speaking order and reasonable opportunity before any proposed rejection. Highlights GST Sat, 05 Sep 2026 08:44:39 +0530 https://www.taxtmi.com/highlights?id=103444