Home Forum Goods and Services Tax - GST Month 6 2023 2023 (6) This
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demand paid by debiting credit ledger- what about interest - Goods and Services Tax - GSTExtract respected sir, demand order in Form DRC -07 was issued on my client amounting to Rs 10,00,000 for fy 2020-21. and tax liability shown in notice is genuine and my client ready to pay off the liability by debiting his electronic credit ledger. and the proper officer also agreed to do so. there was credit laying in my client' s input tax credit ledger continuously right from fy 2020-21. and no cash component was used to pay tax liability. in this scenario whether there is liability to pay interest or not. please discuss thanking you
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