https://www.taxtmi.com/forum/issue?id=116002 Whether interest on delayed GST payment is computed on gross tax liability or on net liability after input tax credit is contested; a statutory proviso stating interest be levied on the portion paid from the electronic cash ledger remains unnotified. Administrative instructions have at times required recovery of interest on gross tax amounts, while conflicting judicial decisions hold both for limiting interest to net cash-paid tax and for departmental positions. Recovery actions are underway, and certain courts have held that additional interest not self-assessed requires show-cause and adherence to natural justice before recovery. en-us Mon, 10 Feb 2020 16:59:59 +0530 Thu, 23 Jan 2025 15:54:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116002 Whether interest on delayed GST payment is computed on gross tax liability or on net liability after input tax credit is contested; a statutory proviso stating interest be levied on the portion paid from the electronic cash ledger remains unnotified. Administrative instructions have at times required recovery of interest on gross tax amounts, while conflicting judicial decisions hold both for limiting interest to net cash-paid tax and for departmental positions. Recovery actions are underway, and certain courts have held that additional interest not self-assessed requires show-cause and adherence to natural justice before recovery. Discussion-Forum GST Mon, 10 Feb 2020 16:59:59 +0530 https://www.taxtmi.com/forum/issue?id=116002