No Blocking of GST ITC w/o ‘Reasons to Believe’ and Opportunity for Hearing: Karnataka HC [Read Order]
The ruling reinforces that ITC blocking is a severe and exceptional measure, and it should not be done mechanically or without proper inquiry.
By Manu Sharma - On October 14, 2024 3:14 pm - 2 mins read
In a significant ruling, the Karnataka High Court has quashed the blocking of Input Tax Credit ( ITC ) by the tax authorities without providing a proper hearing or establishing concrete reasons. The Input Tax Credit [ ITC ] of the petitioner was blocked by the impugned order at Annexure – A dated 09.07.2024, by…
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