https://www.taxtmi.com/caselaws?id=404605 Interest on GST under section 50 of the CGST Act was examined in light of the amendment brought into force through section 100 of the Finance (No. 2) Act, 2019 and CBIC instructions indicating recovery only on net cash tax liability for the relevant period, with show-cause notices on gross tax payable to be kept in the Call Book pending retrospective amendment. The Court noted the position taken in similar matters before other High Courts and directed the State and the CGST Council to obtain specific instructions and state their stand on the issue. No final adjudication on the merits of the interest question was made, and the matter was adjourned for further response. en-us Wed, 16 Dec 2020 00:00:00 +0530 Mon, 24 Mar 2025 11:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404605 Interest on GST under section 50 of the CGST Act was examined in light of the amendment brought into force through section 100 of the Finance (No. 2) Act, 2019 and CBIC instructions indicating recovery only on net cash tax liability for the relevant period, with show-cause notices on gross tax payable to be kept in the Call Book pending retrospective amendment. The Court noted the position taken in similar matters before other High Courts and directed the State and the CGST Council to obtain specific instructions and state their stand on the issue. No final adjudication on the merits of the interest question was made, and the matter was adjourned for further response. Case-Laws GST Wed, 16 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404605