https://www.taxtmi.com/caselaws?id=798766 Re-credit of tax or input tax credit debited from the electronic credit ledger is available only within the prescribed refund framework. Section 54, Rule 86(4A), Rule 92(1A) and the applicable circular require a refund claim and a reasoned finding that the debited amount is admissible before re-credit can be granted. Tax liability cannot be reduced through an unexplained computation; the revised amount must be correlated with self-assessed and auto-generated returns, audit reports and other record material. Both re-credit entitlement and revised liability require fresh, reasoned determination after hearing the parties. en-us Wed, 09 Sep 2026 00:00:00 +0530 Fri, 11 Sep 2026 08:30:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798766 Re-credit of tax or input tax credit debited from the electronic credit ledger is available only within the prescribed refund framework. Section 54, Rule 86(4A), Rule 92(1A) and the applicable circular require a refund claim and a reasoned finding that the debited amount is admissible before re-credit can be granted. Tax liability cannot be reduced through an unexplained computation; the revised amount must be correlated with self-assessed and auto-generated returns, audit reports and other record material. Both re-credit entitlement and revised liability require fresh, reasoned determination after hearing the parties. Case-Laws GST Wed, 09 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798766