Haryana Government’s Diktat On GST Credit: Masterstroke Or Harassment Tool?

The Haryana government has announced a plan to safeguard its revenue against fraudulent activities by taxpayers. It has laid down guidelines to determine when the input tax credit under Goods and Services Tax regime can be blocked for a taxpayer. Experts are divided over the implications and the ability of the state tax department to issue such a circular. What’s The Plan Of Action? The plan of ac…