Pre condition payment at 10% can be adjusted out of unutlized ITC

Larsen & Toubro Limited Vs Joint Commissioner (ST) (Madras High Court) Introduction: A recent judgment by the Madras High Court in the case of Larsen & Toubro Limited, dated 21.08.2023, has significant implications for GST First Appeals. This article examines the court’s ruling, which clarifies the pre-condition payment for GST First Appeals and the use of unutilized Input Tax Credit (ITC) from the Electronic Credit Ledger for this purpose. Background of the Case: Larsen & Toubro Limited filed a writ petition (W.P. No. 24577 and 24579 of 2023) challenging an order passed by ...