Ask Jurishour AI

HomeGSTBombay HC Quashes “Negative Blocking” of ITC Beyond Ledger Balance

Bombay HC Quashes “Negative Blocking” of ITC Beyond Ledger Balance

Published on

🚀 Stay Connected With JurisHour

WhatsApp X Telegram

The Bombay High Court has set aside a GST order blocking ITC far in excess of the taxpayer’s available electronic credit ledger balance.  The Bench of Justice M.S. Sonak and Justice Advait M. Sethna has observed that the  “negative blocking” of Input Tax Credit (ITC)  is ultra vires Rule 86A of the CGST Rules, aligning…

Membership Required

You must be a member to access this content.

View Membership Levels

Already a member? Log in here
Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

Latest articles

Service Tax Demand on Irrigation Works Quashed: Karnataka HC Rules Sale of Goods Component Not Taxable as Service

The Karnataka High Court has quashed the service tax demand on irrigation works and...

Search Conducted After 1 April 2021 Triggers S. 148 Procedure: ITAT 

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a massive...

Excel Sheet Recovered From Third-Party Can’t By Itself, Establish Sufficient Nexus Between Alleged Cash Transactions And Assessee: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...

Tax Demand Rendered Irrecoverable Under NCLT Resolution Cut-Off: ITAT 

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has held that the...

More like this

Service Tax Demand on Irrigation Works Quashed: Karnataka HC Rules Sale of Goods Component Not Taxable as Service

The Karnataka High Court has quashed the service tax demand on irrigation works and...

Search Conducted After 1 April 2021 Triggers S. 148 Procedure: ITAT 

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has quashed a massive...

Excel Sheet Recovered From Third-Party Can’t By Itself, Establish Sufficient Nexus Between Alleged Cash Transactions And Assessee: ITAT

The Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has deleted an addition...