https://www.taxtmi.com/caselaws?id=409413 The court partially set aside the communication demanding interest on delayed tax remittance under the CGST Act, 2017. The petitioner's liability for delayed tax payment in cash was acknowledged, but it was held that no interest was due if the tax was remitted by adjusting available credit. The petitioner had already paid an amount exceeding the interest payable, resulting in the remaining interest related to tax liability through credit adjustment being set aside. The court referred to a previous decision and disposed of the writ petition without imposing costs. en-us Mon, 28 Jun 2021 00:00:00 +0530 Wed, 26 Mar 2025 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409413 The court partially set aside the communication demanding interest on delayed tax remittance under the CGST Act, 2017. The petitioner's liability for delayed tax payment in cash was acknowledged, but it was held that no interest was due if the tax was remitted by adjusting available credit. The petitioner had already paid an amount exceeding the interest payable, resulting in the remaining interest related to tax liability through credit adjustment being set aside. The court referred to a previous decision and disposed of the writ petition without imposing costs. Case-Laws GST Mon, 28 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409413