Can't Blocked Credit in Electronic Credit Ledger If Sufficient Balance Is Not Available: Gujarat High Court

In a significant ruling concerning the Goods and Services Tax (GST) framework, the Gujarat High Court has made important clarifications regarding the invocation of Rule 86A of the CGST Rules, 2017. This judgment is pivotal for businesses regarding the conditions under which the input tax credit can be blocked by tax authorities. Case Background The case, titled Sanjay Enterprises vs. State of Gujarat, revolves around the invocation of Rule 86A…