Prince Steel Vs State Of Karnataka (Karnataka High Court)
Date: September 30, 2024
Subject Matter
Blocking of Electronic Credit Ledger under rule 86A requires authorities to have independent reasons to believe the credit was fraudulently availed or ineligible
Summary
In this case, the petitioner challenged two orders made by the tax authorities that blocked their electronic credit ledger for Input Tax Credit (ITC), claiming that there was no pre-decisional hearing and that the orders lacked proper reasoning. The…
FULL TEXT OF THE JUDGMENT/ORDER OF KARNATAKA HIGH COURT In this petition, the petitioner seeks the following reliefs: “(A) Issue a writ, order or direction in the nature of certiorari or any other appropriate writ, order or direction quashing the order dated 28.02.2024 bearing No. ACCTK/LGSTO-071/ITC BLOCK/ Order No.01/2023-24, passed by the respondent No.2 herein (Annexure-A). (B) Issue a w…