ITC Blocking and Cancellation of GST

[Gourav Ravi Garg]

Respected experts, I have a query. I am getting my GST cancelled. I have the opening balance in the march of 1.8Lakh approx.; but my GST was blocked by the officer in the April of Rs. 18.5 Lakh approx. I am unable to understand the situation. Till the ITC gets unblocked, the number will not be cancelled.

AI Summary

Input tax credit blockage in GST cancellation raises a query on opening balance, blocked credit, and unblocking conditions. Input tax credit blockage is raised in the context of GST cancellation, where an assessee states that an opening balance existed in March but the credit was subsequently blocked by the officer in April. The query expresses uncertainty about the difference between the opening balance and the blocked amount, and indicates that cancellation is said not to proceed until the ITC is unblocked.