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BLOCKING OF ITC UNDER GST LAWS.



Posted By : Super CA on 07 February

Directorate General of GST Intelligence (HQRS), recently has issued a letter dated 13th January’2020 regarding blocking of Input Tax Credit.
 
Important points of the letter issued are discussed below:

  • All the Zonal Chief Commissioners have the facility to block/unblock ITC availed against fake invoices or against invoices without receipt of goods or services or both if such availers of credit are located in their jurisdiction. 
  • All the CGST Zones are required to make a list, GSTN-wise of fake credit availers and block their ITC for the entities located in their jurisdiction, for other entities list of such availers shall be sent to the local office of the Pr. ADG/ADG DGGI, with a request to block credit of such GSTN immediately. 
  • Credit blocking will be complete by 17 January 2020.

 

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