ELECTRONIC CREDIT LEDGER UNDER RULE 86A CGST RULES 2017

Electronic Credit Ledger is a record of input tax credit available to a taxpayer.

It is maintained electronically on the GST portal.

Rule 86A of CGST Rules 2017 empowers the tax officer to block the Electronic Credit Ledger of a taxpayer.

This can be done if the officer has reasons to believe that the credit is fraudulently availed or is ineligible.

The taxpayer can file an application to unblock the Electronic Credit Ledger if he believes that the blocking was done without any valid reason.

The tax officer has to pass an order within 30 days of receiving the application.

If the officer fails to pass an order within 30 days, the Electronic Credit Ledger will be unblocked automatically.