https://www.taxtmi.com/article/detailed?id=10401 The article addresses whether a court-ordered bail deposit may be paid from a taxpayer's electronic cash ledger or by debiting the electronic credit ledger. It explains that the electronic cash ledger accepts payments for tax and related dues and that the electronic credit ledger records self-assessed input tax credit whose utilisation is governed by GST payment rules. Where ITC has not been shown to be fraudulent, debiting the credit ledger to satisfy a bail-deposit condition falls within the statutory payment framework, while substantive eligibility of ITC for such use remains a contested compliance question. en-us Mon, 16 May 2022 12:32:32 +0530 Mon, 16 May 2022 12:32:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10401 The article addresses whether a court-ordered bail deposit may be paid from a taxpayer's electronic cash ledger or by debiting the electronic credit ledger. It explains that the electronic cash ledger accepts payments for tax and related dues and that the electronic credit ledger records self-assessed input tax credit whose utilisation is governed by GST payment rules. Where ITC has not been shown to be fraudulent, debiting the credit ledger to satisfy a bail-deposit condition falls within the statutory payment framework, while substantive eligibility of ITC for such use remains a contested compliance question. Articles Goods and Services Tax - GST Mon, 16 May 2022 12:32:32 +0530 https://www.taxtmi.com/article/detailed?id=10401