https://www.taxtmi.com/caselaws?id=403111 The court dismissed the petition seeking to quash an order under the Bihar Goods and Services Tax Act 2017, stating that interest under section 50 of the act is applicable even if the tax liability is discharged from the electronic credit ledger. The State clarified that recoveries for interest on gross liability for past periods would not be made due to technical limitations, but interest on delayed payment of tax on net liability would be required as per the amended section 50(1). The circular issued by CBIC supported this interpretation, leading to the dismissal of the petition. en-us Mon, 11 Jan 2021 00:00:00 +0530 Tue, 19 Jan 2021 12:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403111 The court dismissed the petition seeking to quash an order under the Bihar Goods and Services Tax Act 2017, stating that interest under section 50 of the act is applicable even if the tax liability is discharged from the electronic credit ledger. The State clarified that recoveries for interest on gross liability for past periods would not be made due to technical limitations, but interest on delayed payment of tax on net liability would be required as per the amended section 50(1). The circular issued by CBIC supported this interpretation, leading to the dismissal of the petition. Case-Laws GST Mon, 11 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403111