Pressure tactics? Pay in 'cash', GST officers tell taxpayers

Business Today

As the 20th March deadline for GST payments nears, GST authorities are pressurising taxpayers to pay their maximum tax liability in 'cash'. In GST lingo, 'cash' does not imply hard cash but it is payment of taxes after exhausting the input tax credit (ITC) available to the taxpayer.    According to tax experts and chartered accountants, GST officers are using unauthorised commu…

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