City
Epaper

Revenue Dept says no instruction to officials to collect GST in cash

By IANS | Updated: March 20, 2021 23:10 IST

New Delhi, March 20 The Finance Ministry on Saturday said it has not issued any instructions to officials ...

Open in App

New Delhi, March 20 The Finance Ministry on Saturday said it has not issued any instructions to officials to ask taxpayers to pay maximum GST liability in cash.

There were reports that some GST officers are using unauthorised communication means such as phone calls, WhatsApp and messages asking taxpayers to discharge 'maximum tax liability' in 'cash'.

This was being done in order to ensure that targets for revenue collection from GST for the financial year are met, the reports suggested.

It is to clarify that neither the Government nor the Central Board of Indirect Taxes and Customs (CBIC) have issued any such instructions to their field formations, a Finance Ministry statement said.

The statement added that taxpayers are free to utilise the Input Tax Credit available in their credit ledger, as permissible in law, to discharge their GST dues for the month of March, 2021 - the last month of this financial year.

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Finance MinistryCentral Board Of Indirect Taxes And CustomsCentral board of indirect taxes & customsDepartment of revenue-indirect taxes-customsCentral board of directors
Open in App

Related Stories

National'Pranab Mukherjee Asked Me Not To...': Mallya Defends Kingfisher Collapse, Blames 2008 Govt Pressure to Keep Airline Afloat

National'If I Defrauded Banks, How Was ₹14,000 Cr Recovered?': Vijay Mallya Says He Always Intended to Repay the Loan

BusinessUPI Transactions Above Rs 2,000 Remain GST-Free Due to Zero MDR Charges

TechnologyFinance Ministry Urges Employees To Avoid Using ChatGPT, DeepSeek for Official Work

BusinessFinance Ministry Urges Employees To Avoid Using ChatGPT, DeepSeek for Official Work

Business Realted Stories

BusinessPM GatiShakti National Master Plan has evaluated 293 infrastructure projects worth Rs 13.59 lakh crore

BusinessAnil Ambani leaves ED headquarters after 9-hour grilling, to be called again

BusinessRBI has set up 2,421 centres for financial literacy to cover rural areas: Minister

BusinessMyth vs reality: India is not a 'tariff king' at all as labelled by Trump

BusinessBritannia’s Q1 net profit falls nearly 7 pc sequentially, margins hit multi-quarter low