Input Tax Credit (ITC) of Rs. 6.14 Lakh Crores Blocked under Rule 86A, Shocking Revelation by RTI Application

Input Tax Credit (ITC) of Rs. 6.14 Lakh Crores Blocked under Rule 86A, Shocking Revelation by RTI Application

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Input Tax Credit (ITC) of Rs. 6.14 Lakh Crores Blocked under Rule 86A, Shocking Revelation by RTI Application

The seamless flow of GST is subject to a small  which mean that the terms and conditions apply.

Here is some shocker to the same:
 
 
GOODS AND SERVICE TAX NETWORK
4th Floor, Worldmark 1, East Wing, Asset 11,
Hospitality District, Aerocity, New Delhi-11000
Tel: 011-49111200, Fax: 011-49111210
Email: info@gstn.org.in, Website: www.gstn.org
CIN: U72200DL2013NPL249988
File No. CPIO/RTI/2021/GSTN/244
Dated: 05-10-2021
To,
****************************
****************************
****************************
****************************
..
Sub Your RTI Application No. ***********dated 31.02.2021 under RTI Act, 2005.
Sir,
With reference to your above mentioned RTI application received upon transfer from Shri Aman Mittal, CPIO/Deputy Commissioner, GST Policy Wing New Delhi on 13.09.2021, for SI. No. 1 to 4 of the above captioned RTI, point wise response to information sought by you is as follows.
SI No.
Information sought by RTI Applicant
Information provided by CPIO
I.
Please specify state wise numbers of taxpayers for whom Input Tax Credit has been blocked under rule 86A of CGST Rules 2017 as on 31.07.2021.
The information sought by RTI applicant at SI. No. 1 can be found at Annexure-1.
2.
Please specify the amount of Input Tax Credit blocked for all such taxpayers.
The amount of Input Tax Credit blocked from all such taxpayer are Rs. 6,14,010.81 Cr.
3
Please specify out of all the Input Tax Credit blocked under rule 86A of CGST Rules 2017, how much Input Tax Credit pertains to period exceeding 1 year from the date of blocking of such Input Tax Credit.
The amount of Input Tax Credit pertaining to period exceeding 1 year from the date of blocking of such input tax credit blocked under rule 86A of CGST Rules, 2017 is Rs. 296311.45 Cr.
4.
Please specify details of Taxpayers for whom Input Tax Credit has been unblocked after 1 year has been lapsed from the date of blocking of such Input Tax Credit.
The details of taxpayers for whom Input Tax Credit has been unblocking after 1 year has been lapsed from the date of blocking of such Input Tax credit are as follows
No. of GSTINs: 2228
Amount: Rs. 1370.71 Cr.
B. 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.
Copy for information to:-
(1) Shri Aman Mittal CPIO, Deputy Commissioner, Government of India, Ministry of Finance, Central Board of Indirect Taxes and Customs, GST Policy Wing, Room No. 244D North Block New Delhi – 110001.
S. No.
State
No. of Tax Payers
Amount  (in Cr.)
1
Jammu and Kashmir
129
31.76
2
Himachal Pradesh
326
110.45
3
Punjab
8285
1213.25
4
Chandigarh
129
19.69
5
Uttarakhand
963
255.76
6
Haryana
6145
2779.36
7
Delhi
13539
5744.75
8
Rajasthan
4193
470.92
9
Uttar Pradesh
10174
582163.82
10
Bihar
1480
556.82
11
Sikkim
5
12.85
12
Arunachal Pradesh
1
0.13
13
Nagaland
6
5.49
14
Manipur
3
0.27
15
Mizoram
3
1.01
16
Tripura
646
48.46
17
Meghalaya
18
6.18
18
Assam
396
200.99
19
West Bengal
2920
7335.34
20
Jharkhand
3399
694.42
21
Odisha
539
316.15
22
Chhattisgarh
474
224.70
23
Madhya Pradesh
1723
987.86
24
Gujarat
5767
1201.67
25
Daman and Diu
4
0.22
26
Dadra and Nagar Havelli
34
3.43
27
Maharashtra
2810
4210.11
29
Karnataka
3196
1381.88
30
Goa
51
219.59
32
Kerala
72
184.36
33
Tamil Nadu
2003
2,415.58
34
Puducherry
455
25.24
35
Andaman and Nicobar island
3
0.24
36
Telangana
3288
469.42
37
Andhra Pradesh
165
686.96
97
Other Territory
4
31.65
Total
6,14,010.81

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