https://www.taxtmi.com/forum/issue?id=115985 Where blocked or wrongly availed input tax credit is detected before issuance of any show cause notice, payment of the resulting self assessed output tax by debiting the Electronic Credit Ledger via FORM DRC 03 is consistent with the statutory rule permitting utilization of ITC for self assessed tax; this statutory principle prevails over conflicting amendment rules that prescribe payment from the electronic cash ledger, while interest on the reversal is to be discharged in cash. en-us Thu, 06 Feb 2020 13:37:29 +0530 Thu, 23 Jan 2025 15:54:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=115985 Where blocked or wrongly availed input tax credit is detected before issuance of any show cause notice, payment of the resulting self assessed output tax by debiting the Electronic Credit Ledger via FORM DRC 03 is consistent with the statutory rule permitting utilization of ITC for self assessed tax; this statutory principle prevails over conflicting amendment rules that prescribe payment from the electronic cash ledger, while interest on the reversal is to be discharged in cash. Discussion-Forum GST Thu, 06 Feb 2020 13:37:29 +0530 https://www.taxtmi.com/forum/issue?id=115985