In pursuance of any assessment or adjudication proceedings instituted, after the appointed day, under the existing law, an amount of tax, interest, fine or penalty becomes refundable. Shall such amount be refundable under the GST law?

In pursuance of any assessment or adjudication proceedings instituted, after the appointed day, under the existing law, an amount of tax, interest, fine or penalty becomes refundable. Shall such amount be refundable under the GST law? https://www.taxtmi.com/acts?id=24785 Amounts of tax, interest, fine or penalty that become refundable pursuant to assessment or adjudication proceedings instituted after the appointed day under the existing law are not payable in cash under the GST transitional provision, as provided by section 142(8)(b). en-us Mon, 03 Apr 2017 17:21:22 +0530 Mon, 03 Apr 2017 17:21:22 +0530 TaxTMI RSS Generator In pursuance of any assessment or adjudication proceedings instituted, after the appointed day, under the existing law, an amount of tax, interest, fine or penalty becomes refundable. Shall such amount be refundable under the GST law? https://www.taxtmi.com/acts?id=24785 Amounts of tax, interest, fine or penalty that become refundable pursuant to assessment or adjudication proceedings instituted after the appointed day under the existing law are not payable in cash under the GST transitional provision, as provided by section 142(8)(b). Act-Rules Bills Mon, 03 Apr 2017 17:21:22 +0530 https://www.taxtmi.com/acts?id=24785