Amount lying in Electronic Liability Register can be Utilized for Discharging Tax Liability against Future Supplies: Madras HC [Read Order]

By Taxscan Team - On March 26, 2022 1:15 pm - 2 mins read
Electronic Liability Register - Tax Liability - Supplies - Madras HC - taxscan

The Madras High Court has held that the amount lying in the electronic liability register can be utilized for discharging tax liability against the future supplies. The petitioner, a sole proprietor was arrested and approached the Court seeking for an order directing the GST department to refund Rs.88,17,754/- lying in the petitioner’s Electronic Ledger under…

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