March 21, 2021 1:43:29 am
The Finance Ministry said Saturday GST taxpayers may use the ITC available in their credit ledger to discharge GST dues for March.
In a statement, the Central Board of Indirect Taxes and Customs (CBIC) said, “Taxpayers are free to utilise the Input Tax Credit (ITC) 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.”
Last month, the Goods and Services Tax (GST) mop-up crossed the Rs 1 lakh crore mark for the fifth month in a row.
📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines
- The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.