Goods and Service TaxArticle·5 October 2026
GSTAT says ECL Credit Does Not End GST Interest Liability
By J the App
Executive Summary
The Tribunal distinguished between deposit into the Electronic Cash Ledger and payment of a specific tax liability. It held that the 2024 amendment to Rule 88B, which excludes amounts already lying in ECL from interest computation, operates prospectively and does not retrospectively alter the position for earlier periods.
Domain | IDT | GST
The Position
The dispute arose from d...
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