https://www.taxtmi.com/caselaws?id=428484 HC held that an appellant required to deposit 10% of the tax in dispute under s.107(6)(b) MGST Act may utilise input tax credit in the Electronic Credit Ledger to satisfy that pre-deposit. The court reasoned s.49(4) and Rule 86(2) permit debiting the Electronic Credit Ledger for output tax liabilities, including amounts payable after proceedings, so the 10% can be paid from either the Electronic Cash Ledger or Electronic Credit Ledger. The appeal was restored on the undertaking to debit the Electronic Credit Ledger within one week; petition disposed. en-us Fri, 16 Sep 2022 00:00:00 +0530 Mon, 01 Sep 2025 13:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428484 HC held that an appellant required to deposit 10% of the tax in dispute under s.107(6)(b) MGST Act may utilise input tax credit in the Electronic Credit Ledger to satisfy that pre-deposit. The court reasoned s.49(4) and Rule 86(2) permit debiting the Electronic Credit Ledger for output tax liabilities, including amounts payable after proceedings, so the 10% can be paid from either the Electronic Cash Ledger or Electronic Credit Ledger. The appeal was restored on the undertaking to debit the Electronic Credit Ledger within one week; petition disposed. Case-Laws GST Fri, 16 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428484