https://www.taxtmi.com/caselaws?id=409758 The court set aside the levy of interest on remittances by way of adjustment of electronic credit register but upheld the levy on belated cash remittance under Section 50 of the Central Goods and Services Tax Act, 2017. The petitioner's reliance on Section 42 was deemed irrelevant as the error in claiming input tax credit was voluntarily rectified. The court clarified that Section 42 applies to mismatches caused by revenue errors, not wrongful claims by the assessee. The impugned order was modified accordingly, and the writ petition was disposed of with no costs. en-us Fri, 09 Jul 2021 00:00:00 +0530 Wed, 26 Mar 2025 11:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409758 The court set aside the levy of interest on remittances by way of adjustment of electronic credit register but upheld the levy on belated cash remittance under Section 50 of the Central Goods and Services Tax Act, 2017. The petitioner's reliance on Section 42 was deemed irrelevant as the error in claiming input tax credit was voluntarily rectified. The court clarified that Section 42 applies to mismatches caused by revenue errors, not wrongful claims by the assessee. The impugned order was modified accordingly, and the writ petition was disposed of with no costs. Case-Laws GST Fri, 09 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409758