High Court Rules Against Blocking Electronic Credit Ledger Over One Year for Fake Invoice Issues u/r 86(A)(1).

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Continuous Blocking of the electronic credit ledger beyond one year - Input tax credit - fake invoices issued by non-existing firms - Rule 86(A)(1) - The continuance of blockage of petitioner’s electronic credit ledger cannot continue beyond one year - HC....