Revenue Department is not authorized to block ITC for more than one year
Last updated: 19 January 2024
Court :
Karnataka High Court
Brief :
The Hon'ble Karnataka High Court in the case of S.P. Metals v. Assistant Commissioner of Central Tax [Writ Petition No. 21015 of 2023 dated January 3, 2024] allowed the writ petition and held that as per sub-rule (3) of Rule86A of the Central Goods and Services Tax Rules, 2017 ("the CGST Rules"), the Respondent is not authorized to block the Input Tax Credit of the registered person under GST for a period of more than one year. Therefore, the continuation of blocking of ITC was illegal and arbitrary. Hence, directed to unblock the Input Tax Credit as per the Petitioner's Electronic Credit Ledger.
Citation :
Writ Petition No. 21015 of 2023 dated January 3, 2024
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Bimal Jain
Published in GST
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