Best Crop Science Pvt. Ltd Vs Principal Commissioner, Central Tax
Date: September 24, 2024
Subject Matter
ITC blocked under Rule 86A(1) cannot exceed the actual amount available in the Electronic Credit Ledger
Summary
The case involves registered taxpayers challenging orders passed under Rule 86A of the CGST Rules, which blocked input tax credit (ITC) in their Electronic Credit Ledgers (ECLs) beyond the credit available, creating artificial negative balances. The…
FULL TEXT OF THE JUDGMENT/ORDER OF DELHI HIGH COURT T HE CONTROVERSY 1. The petitioners, in these batch of petitions, are taxpayers and are registered under the Central Goods and Services Tax Act, 2017 (hereafter the CGST Act ) / Delhi Goods and Services Tax Act, 2017 (hereafter the DGST Act ). They impugn the respective orders passed by the Commissioner/officer authorized by Commissioner, under R…