Bandipora, Jan 22 Jan(KNB)— Records relating to GST Input Tax Credit (ITC) transactions of several traders in Bandipora indicate multiple instances of ITC being unblocked, blocked and reprocessed across different assessment years, as reflected in tabulated entries available with News agency Kashmir News Bureau.
According to sources, the Sales Tax officer Bandipora allegedly used powers related to blocking and unblocking of ITC refunds to exert pressure on traders, particularly those dealing in scrap and allied businesses. It is alleged that refunds and credits were blocked, released or re-blocked in a manner that caused repeated disruption to business operations.
As per the records, Mohd Lateef Wani had ITC amounts unblocked on July 28, 2025, and October 30, 2025. The entries show ITC amounts of Rs 15.52 lakh for 2024–25 and Rs 9.96 lakh for 2025–26 under returns R1 and 3B, taking the total reflected amount to Rs 25.48 lakh.
In another case, Imtiyaz Ahmad Dar , identified as a scrap dealer, had ITC unblocked on July 22, 2025. The records list Rs 3.66 lakh for 2024–25 and Rs 17 lakh for 2025–26 under R1 and 3B, amounting to a total of Rs 20.66 lakh.
The records further show that Muneer Ahmad Bhat , also listed as a scrap dealer, had ITC unblocked on December 17, 2025, which was subsequently marked as blocked and allegedly saw his ITC unblocked and blocked again on the same day.
The amount reflected for 2025–26 under R1 and 3B is Rs 9.24 lakh.
Another entry pertains to Md Anis described in the records as a scrap dealer. The table lists an ITC figure of Rs 21.3 lakh for 2025–26 under returns R1 and 3B, with the remark “fake ITC” appearing in the remarks column.
The records also include details of Jawaid Ahmad Bhat , operating under the trade name M/s J C P Enterprises, identified as a manufacturing unit. For the assessment year 2024–25, the records note bank transactions of Rs 6.58 crore, while returns R1 and 3B reflect Rs 3 crore.
Traders from the district, speaking anonymously, said the alleged practices created an atmosphere of fear and mistrust, with businesses facing cash-flow constraints due to repeated delays in legitimate refunds.
Officials of the GST department were not immediately available for comment on the entries or their current status. (KNB)