Steel Kraft Industries Vs State Of Gujarat
Date: January 4, 2021
Subject Matter
Rule 86A cannot be invoked to block the ITC available in the electronic credit ledger for the purpose of recovering erstwhile VAT dues
Summary
Whether the Revenue could have exercised power under Rule 86A for the purpose of blocking the input tax credit available in the credit ledger account of the writ applicant for the purpose of recovering the VAT dues of another company Dolphin Metals (…
1. By this writ application under Article 226 of the Constitution of India, the writ applicant has prayed for the following reliefs; “a) Pending the admission, hearing and final disposal of this petition, to release the amount of input Tax Credit available to the Petitioner. b) to quash and set aside the action of the Respondent No.2 in blocking the Input Tax Credit. c) any other and further…