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GST - Highlights / Catch Notes

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Unblocking of Electronic Credit Ledger - period of one year as ...

Case Laws     GST

January 29, 2022

Unblocking of Electronic Credit Ledger - period of one year as prescribed under sub-rule 3 of Rule 86A of the CGST/GGST Rules has elapsed from the date of order of blocking of the Electronic Credit Ledger - We make it clear that next time if we come across such a case, then the concerned authority would be held personally liable for the loss which the assessee might have suffered during the interregnum period. - HC

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