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Taxpayers can use ITC to discharge GST dues for March

Press Trust of india by Press Trust of india
March 21, 2021
in TOP NEWS
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Punjab accepts Centre’s borrowing option to meet GST shortfall
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New Delhi: The Finance Ministry on Saturday said GST taxpayers can utilise the Input Tax Credit available in their credit ledger to discharge their GST dues for the month of March.

“Taxpayers are free to utilise 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,” the Central Board of Indirect Taxes and Customs (CBIC) said in a statement.

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