https://www.taxtmi.com/article/detailed?id=13167 Whether the pre-deposit under Section 107(6) constitutes payment towards output tax such that amounts in the Electronic Credit Ledger may be applied to discharge that liability. Rule 86(2) and the Circular dated 06.07.2022 are relied on to show permissive utilisation of input tax credit for liabilities arising from proceedings, while a specific prohibition remains for tax payable on a reverse-charge basis. The statutory appeal form APL-01 is noted to provide a mechanism for payment via the Electronic Credit Ledger. en-us Mon, 02 Dec 2024 11:38:24 +0530 Fri, 06 Dec 2024 19:46:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=13167 Whether the pre-deposit under Section 107(6) constitutes payment towards output tax such that amounts in the Electronic Credit Ledger may be applied to discharge that liability. Rule 86(2) and the Circular dated 06.07.2022 are relied on to show permissive utilisation of input tax credit for liabilities arising from proceedings, while a specific prohibition remains for tax payable on a reverse-charge basis. The statutory appeal form APL-01 is noted to provide a mechanism for payment via the Electronic Credit Ledger. Articles Goods and Services Tax - GST Mon, 02 Dec 2024 11:38:24 +0530 https://www.taxtmi.com/article/detailed?id=13167