Guidelines regarding circumstances in which Input Tax Credit has to be blocked /unblocked from Electronic credit ledger

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.... State of Haryana Memo No. 3555/GST-2, Panchkula, dated the 30.10.2018 Subject: -   Guidelines regarding circumstances in which Input Tax Credit has to be blocked /unblocked from Electronic credit ledger. On the subject captioned above, it is intimated that GSTN has recently released API for application of the functionality for blocking and unblocking of Input Tax Credit by t....

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....stered taxpayers are found to be bogus/fake as a result of any investigation or intelligence. Such taxpayers are not entitled   for the credit on the grounds that no supply has been made and the proper tax has also not been deposited in respect of the claimed credit. ii)      Full amount of credit should also be blocked in cases where the   firms hav....

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....d, the credit should be blocked. The credit in these cases shall be blocked only to the extent of amount of inadmissible credit. v) The registered taxpayers are not entitled for credit availed of by   them accruing from receipt of supplies where the credit is not admissible in accordance with Section 17(5) of the GST law. If in pursuance of examination of returns or otherwise, such ca....