🚫💳 Electronic Credit Ledger Unblocked by Karnataka HC – No Pre-Hearing, No Justification! 💳🚫

In The Lead Factory [2024] 77 TAXLOK COM 010 (Karnataka), the petitioner challenged the blocking of their Electronic Credit Ledger (ECL) under Rule 86A of the CGST Rules, arguing that there was no pre-decisional hearing and the decision was based on borrowed satisfaction from enforcement reports. 📄🔒

➡️ The Karnataka High Court agreed with the petitioner and quashed the blocking order, directing the immediate unblocking of the ECL. 🚀⚖️ ✅ Outcome: The respondents were allowed to proceed as per law, but with proper procedures in place. ⚖️📝 #GST #ECL #TaxCompliance