Bank's improper use of Escrow fund for loan recovery led to GST non-payment, Court allows writ challenging it.

Case-Laws – GST – Highlights – The High Court held that the writ petition challenging the respondent Bank’s actions in not releasing amounts deposited in an Escrow Account for payment of statutory liabilities like GST from 2017 onwards is maintainable, d

Bank's improper use of Escrow fund for loan recovery led to GST non-payment, Court allows writ challenging it.
Case-Laws
GST
The High Court held that the writ petition challenging the respondent Bank's actions in not releasing amounts deposited in an Escrow Account for payment of statutory liabilities like GST from 2017 onwards is maintainable, despite other disputes being adjudicated before the Debts Recovery Tribunal. The Bank's adjustments to the receivables in the Escrow Account for

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