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>Tax Dispute Resolution: Mandatory Deposit Reduced from 20% to 10% Under Amended CGST Act Provisions</h1> <h3>Modtech Tradecom Pvt. Ltd. & Anr. Versus State of West Bengal & Ors.</h3> Modtech Tradecom Pvt. Ltd. & Anr. Versus State of West Bengal & Ors. - TMI The Calcutta High Court in CAN 1 of 2024 addressed a petition seeking modification of its order dated 14th August 2024 in light of the amendment to Section 112(8) of the CGST Act, 2017 by the Finance (No. 2) Act, 2024. The Court noted that Section 143 of the Finance Act substituted the words 'twenty percent' with 'ten per cent' in clause (b)(i) of Section 112 of the CGST Act. Consequently, the Court held that the prior direction for deposit of 20% should be treated as a deposit of 10%. The time for compliance was extended by two weeks. The Court clarified that if the payment is made within this period, the interim order shall continue until the writ petition's disposal or further order. The application was disposed of accordingly.
TaxTMI 