TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
When case Id is present, search is done only for this
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Case Laws
of of All Case Laws
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Petitioner to Pay Balance of Interest Tax in Installments</h1> <h3>M. Bagulayan Versus The Superintendent of Central GST & Central Excise, O/o. the Superintendent of Central GST & Central Excise</h3> The High Court of Madras ruled that the petitioner must pay the balance of interest tax amounting to Rs. 2,61,535 in five monthly instalments starting ... Liability of interest - The demand raised by the respondent was accepted by the petitioner and the same was also duly paid. However, the petitioner is still liable to pay interest thereon. The said amount comes to ₹ 3,48,735/- - The petitioner is permitted to remit the said amount to the respondent in five equal monthly instalments. The first instalment shall commence from 01.02.2018 - petition disposed off. The High Court of Madras heard a case regarding interest tax. The petitioner accepted and paid the tax demand but still owes interest of Rs. 3,48,735. The petitioner will pay the balance of Rs. 2,61,535 in five monthly instalments starting from 01.02.2018. The Writ Petition was disposed of with no costs.
TaxTMI 
TaxTMI 
