Pre-deposit – mode of payment quagmire

Economic Laws Practice (ELP)’s, Harsh Shah (Partner) and Ruchita Shah (Principal Associate) in their recent article for TIOL PRIVATE LIMITED discuss the recent controversial decision of the Orissa High Court in the case of Jyoti Construction vs. Deputy Commissioner of CT & GST. Here the Hon’ble High Court has upheld the stand of the tax authorities to require payment of mandatory pre-deposit only in cash and deny use of credit balance for making such payment. The authors discuss the judgement in detail and its implications for businesses.

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