Lapse of One-Year Period: Karnataka HC sets aside Blocking of GST ITC [Read Order]

The blocking of Credit Ledgers at Annexures-'L', 'L1' and 'L2' dated 20.05.2023, 03.06.2023 and 05.06.2023 are set aside.
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The Karnataka High Court, noting that a period of one year had lapsed, has set aside the blocking of GST ITC as detailed in Annexure-‘K’ dated 19.05.2023. The assessee has requested the setting aside of the notice at Annexure-‘G’ dated 21.04.2023, as well as the notices at Annexures-‘H’ and ‘H1’, both issued in Form GST…

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