Interest on late GST return payments limited to tax paid from electronic cash ledger with specified exception. Amendment inserts a proviso that interest on tax payable for supplies declared in a return furnished after the due date shall be levied on that portion of the tax that is paid by debiting the electronic cash ledger, except where the return is furnished after commencement of assessment or adjudication proceedings in respect of the period.
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Provisions expressly mentioned in the judgment/order text.
Interest on late GST return payments limited to tax paid from electronic cash ledger with specified exception.
Amendment inserts a proviso that interest on tax payable for supplies declared in a return furnished after the due date shall be levied on that portion of the tax that is paid by debiting the electronic cash ledger, except where the return is furnished after commencement of assessment or adjudication proceedings in respect of the period.
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