Taxpayers are free to utilize the Input Tax Credit of GST as permissible by law

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Taxpayers are free to utilise Input Tax Credit available in their credit ledger as permissible by law to discharge their GST due for March month

By PIB Delhi

Unconfirmed reports have appeared in certain sections of the media that some GST officers are using unauthorized communication means such as phone calls, WhatsApp, and messages asking taxpayers to discharge ‘maximum tax liability in ‘cash’ in order to ensure that targets for revenue collection from GST for the financial year are met.

It is to clarify that neither the Government nor the Central Board of Indirect Taxes and Customs (CBIC) have issued any such instructions to their field formations. Taxpayers are free to utilize the Input Tax Credit available in their credit ledger, as permissible in law, to discharge their GST dues for the month of March 2021–the last month of this financial year.

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Editor Desk

Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc. She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
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