https://www.taxtmi.com/caselaws?id=398657 The court partially modified the assessment, annulling the tax and penalty while confirming the interest levy. The court found the best judgment orders unsustainable as they lacked substantial evidence and were based on arbitrary estimations. It ruled that Section 62 could not be invoked for non-filing of GSTR-3B, rendering the assessment void. The penalty under Section 122 was set aside due to the absence of willful suppression and procedural lapses. However, the court upheld the interest levy under Section 50, directing recalculations based on actual tax liability. en-us Mon, 16 Mar 2020 00:00:00 +0530 Thu, 20 Mar 2025 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398657 The court partially modified the assessment, annulling the tax and penalty while confirming the interest levy. The court found the best judgment orders unsustainable as they lacked substantial evidence and were based on arbitrary estimations. It ruled that Section 62 could not be invoked for non-filing of GSTR-3B, rendering the assessment void. The penalty under Section 122 was set aside due to the absence of willful suppression and procedural lapses. However, the court upheld the interest levy under Section 50, directing recalculations based on actual tax liability. Case-Laws GST Mon, 16 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398657