Payment from electronic cash ledger under GST for SVLDRS allowed: HC

Reliance Infrastructure Limited Vs Union of India (Bombay High Court) In Sew Infrastructure Ltd. vs. Dir. General of GST Intelligence DGGI2, Telangana High Court had directed GST Department to set off refund that was due to petitioner therein from the Income Tax Department. In that case, petitioner was unable to discharge its liability under SVLDRS because of the Covid Pandemic situation and financial difficulties and the only way the petitioner could discharge its liability as per Form No. SVLDRS – 3 was by utilizing the Income Tax refund of Rs.34,65,92,330/- which it was held entitled to. ...