Blocking of the Input Tax Credit of the petitioner dated 16th January, 2020 is no more valid now, since it has lost its force in view of the aforesaid provisions of Rule 86(3)A of the CGST Rules and the authority concerned will immediately lift the blockage.
Rule 86 A of the CGST Rules, 2017--- Blocking of ITC – The petitioner challenged impugned action dated 16th January, 2020 on the part of the respondent authority concerned blocking the ITC of the petitioner on the ground that same has lost its force after the expiry of one year from the date of the order of imposing such restriction. The court observed that the blocking of the ITC of the petitioner dated 16th January, 2020 is no more valid now, since it has lost its force in view of the aforesaid provisions of Rule 86(3)A.
Held that:- The Hon’ble High Court directed that the authority concerned will immediately lift the blockage if it has not unblocked by date. The respondents would file affidavit in opposition within three weeks. The matter will be listed for final hearing after five weeks.
Blocking of the Input Tax Credit of the petitioner dated 16th January, 2020 is no more valid now, since it has lost its force in view of the aforesaid provisions of Rule 86(3)A of the CGST Rules and the authority concerned will immediately lift the blockage.
Rule 86 A of the CGST Rules, 2017--- Blocking of ITC – The petitioner challenged impugned action dated 16th January, 2020 on the part of the respondent authority concerned blocking the ITC of the petitioner on the ground that same has lost its force after the expiry of one year from the date of the order of imposing such restriction. The court observed that the blocking of the ITC of the petitioner dated 16th January, 2020 is no more valid now, since it has lost its force in view of the aforesaid provisions of Rule 86(3)A.
Held that:- The Hon’ble High Court directed that the authority concerned will immediately lift the blockage if it has not unblocked by date. The respondents would file affidavit in opposition within three weeks. The matter will be listed for final hearing after five weeks.