Ease in GST appeal: Now you can make pre-deposit payment for through input tax credit, rules Supreme Court, know who will benefit from it

In a significant win for GST registered taxpayers, the Supreme Court has dismissed the SLP that challenged the Gujarat High Court judgement of using input tax credit (ITC) for mandatory pre-deposit payments in appeal cases. The Gujarat High Court ruling, allows taxpayers to utilise their electronic credit ledger, easing working capital constraints. Read more to know which taxpayers can benefit from this.

from Tax-Wealth-Economic Times https://ift.tt/WJT9pdl