March 21, 2021 1:25 PM

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Finance Ministry says taxpayers can use ITC to discharge GST dues for March

Finance Ministry has said that 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.<br />'' <br />'' It said certain sections of media reported that some GST officers are using unauthorised 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.<br />'' <br />'' Finance Ministry clarified that neither the Government nor the Central Board of Indirect Taxes and Customs have issued any such instructions to their field formations. <br />''  

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