Use of Input Tax Credit (ITC) for GST Appeal Pre-Deposit
✅ Use of Input Tax Credit (ITC) for GST Appeal Pre-Deposit What’s New:The Supreme Court has upheld that the 10% pre-deposit for GST appeals can be made using the Electronic Credit Ledger (ECL). Why It Matters:Earlier, only the cash ledger could be used, causing liquidity strain. Now, businesses can use their accumulated ITC instead. Action […]
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