Good Afternoon
Short Query hai pls solve karaye
Mere Feb month ka Sales Ka Gst hai
Cgst 4496/- Sgst 4496/-
as per 2b mera Itc hai
Cgst 594/- Sgst 594/-
Toh Mujje Tax bharne aarhaa hai 7800/-
But mera Credit Ledger mein Phele ka 3400 jama hai par wo amt Tax payment se Minus nhi horaha hai
toh Is Condition mein mujhe Full Amt pay karna hoga kya ?? aur amswe yes hai toh Credit ledger ka amt jo jama haiwo kabhi minus hoga
Kindly do the Needfull
It might be that The balance in credit ledger is any wrongly availed ITC taken, so that it is not being deducted. As per Patna HC
However, the honorable High Court held that
Availment of input tax credit is said to take place when it is put to use for reducing the outward GST liability.
In other words, when input tax credit is utilized to discharge outward GST liability then only it is said to be availed
Mere reflection of input tax credit on the credit side of electronic credit ledger as per the return filed does not amount to either availment or utilization
Consequently, mere reflection of input tax credit in electronic credit ledger cannot be treated as an act of availment for initiating recovery proceedings under section 73 of CGST Act, 2017
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