Use of Input Tax Credit to satisfy pre-deposit obligations under GST enables ITC adjustments instead of cash payments.
The article addresses whether the ten percent pre-deposit for an appeal under Section 107 can be paid from the Electronic Credit Ledger, analysing Sections 107 and 49 and concluding that the disputed amount is in the nature of output tax and therefore amenable to payment from accumulated input tax credit. It contrasts restrictive readings premised on Section 41(2) with a purposive interpretation that treats ITC as equivalent to tax paid, and records higher-court pronouncements endorsing use of ECL for pre-deposits while noting administrative and appellate-stage practicalities. (AI Summary)

Statutory time limit for provisional assessments introduced, with specified suspension grounds for foreign verification and appeals.
The 2025 amendment to Section 18 imposes a statutory time limit for finalizing provisional assessments with a limited administrative extension and enumerates specific suspension grounds-such as requests for foreign information, pending judicial or appellate decisions, interim stays, central board directions, and Settlement Commission matters-requiring officer notification and resumption of the timeline when suspensions end, while leaving unspecified the legal consequences of failure to meet the prescribed timeframe. (AI Summary)