https://www.taxtmi.com/forum/issue?id=118966 Pre-deposit for filing a GST appeal must be actually paid by way of input tax credit or cash under Section 107(6); a bond furnished by a dealer is a promise to pay and does not qualify as the required pre-deposit. The proviso concerning Section 129 similarly requires payment of a portion of the penalty before an appeal is valid. A bond cannot be encashed by the department until appeal timelines expire and therefore cannot be set off or used in the portal in lieu of the statutory pre-deposit. en-us Mon, 05 Feb 2024 13:34:42 +0530 Fri, 24 Jan 2025 10:40:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118966 Pre-deposit for filing a GST appeal must be actually paid by way of input tax credit or cash under Section 107(6); a bond furnished by a dealer is a promise to pay and does not qualify as the required pre-deposit. The proviso concerning Section 129 similarly requires payment of a portion of the penalty before an appeal is valid. A bond cannot be encashed by the department until appeal timelines expire and therefore cannot be set off or used in the portal in lieu of the statutory pre-deposit. Discussion-Forum GST Mon, 05 Feb 2024 13:34:42 +0530 https://www.taxtmi.com/forum/issue?id=118966