Electronic Credit Ledger Payment Discharges GST Liability; Sec. 74 Not Applicable Without Wilful Misstatement or Suppression

Electronic Credit Ledger Payment Discharges GST Liability; Sec. 74 Not Applicable Without Wilful Misstatement or SuppressionCase-LawsGSTThe HC held that since the entire tax liability was discharged through the electronic credit ledger before any intimati

Electronic Credit Ledger Payment Discharges GST Liability; Sec. 74 Not Applicable Without Wilful Misstatement or Suppression
Case-Laws
GST
The HC held that since the entire tax liability was discharged through the electronic credit ledger before any intimation or show-cause notice, and there was no wilful mis-statement or suppression by the petitioner, the provisions of Sec. 74 of the GST Act are inapplicable. The petitioner's failure to offset the tax liability from the credit ledger w

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