Refusal to Interfere with Income Tax Department's Seizure of ₹1 Crore from CPI(M) During 2024 General Elections: Kerala High Court
In a crucial ruling for GST-registered enterprises, the Delhi High Court has ordered the unblocking of the Electronic Credit Ledger (ECL) of Shri Sai Ram Enterprises, citing Rule 86A(3) of the Central Goods and Services Tax Rules, 2017. A division bench comprising Justice Prathiba M. Singh and Justice Rajneesh Kumar Gupta held that the restriction imposed on the use of Input Tax Credit (ITC) cannot extend beyond a period of…