GSTN blocks ITC worth Rs.6.14 Lakhs Cr, reveals RTI [Read RTI Reply]

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The Right To Information (RTI) application revealed that the Goods and Service Tax Network (GSTN) has blocked Input Tax Credit (ITC) worth Rs.6.14 Lakhs Crore.

The GSTN while replying to the RTI application said that the amount of Input Tax Credit blocked from all such taxpayers is Rs. 6,14,010.81 Cr. The amount of Input Tax Credit pertaining to Rules period exceeding 1 year from the date of ertains to blocking of such input tax credit blocked under date of rule 86A of CGST Rules, 2017 is Rs 296311.45 Cr.

Further, the details of as many as 2228 GSTNs for whom Input Tax Credit has been unblocked after 1 year have elapsed from the date of blocking of such Input Tax credit to the tune of Rs. 1370.71 Crores.

“In case you are dissatisfied with the information, you may file an appeal to First Appellate Authority Shri Dheeraj Rastogi Executive Vice President (Support), Goods and Services Tax Network, East Wing, 4th Floor, World Mark – 1, Aerocity, New Delhi – 110037,” the GSTN CPIO while replying to the RTI said.

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