Interest payable under Section 50 of CGST/SGST Act for delay in filing of GSTR-3B Returns from July 2017 to March 2019 returns https://www.taxtmi.com/forum/issue?id=115997 Interest on delayed GSTR 3B filings has been demanded on gross output tax before Input Tax Credit setoff; the Finance (No. 2) Act, 2019 amends this to limit interest to the cash portion only but remains unnotified, leading to continued departmental computation on gross liability, cited court rulings treating the amendment as clarificatory and GST Council recommendations for retrospective application notwithstanding ongoing recovery notices. en-us Sat, 08 Feb 2020 13:29:10 +0530 Thu, 23 Jan 2025 15:54:50 +0530 TaxTMI RSS Generator Interest payable under Section 50 of CGST/SGST Act for delay in filing of GSTR-3B Returns from July 2017 to March 2019 returns https://www.taxtmi.com/forum/issue?id=115997 Interest on delayed GSTR 3B filings has been demanded on gross output tax before Input Tax Credit setoff; the Finance (No. 2) Act, 2019 amends this to limit interest to the cash portion only but remains unnotified, leading to continued departmental computation on gross liability, cited court rulings treating the amendment as clarificatory and GST Council recommendations for retrospective application notwithstanding ongoing recovery notices. Discussion-Forum GST Sat, 08 Feb 2020 13:29:10 +0530 https://www.taxtmi.com/forum/issue?id=115997