https://www.taxtmi.com/caselaws?id=412270 The court set aside the demand notice for interest under the GST Act for Assessment Year 2017-18 and 2018-19 in W.P.A. No.11244 of 2020. Following an amendment to Section 50 Sub-Section (1) by the Finance Act, 2021, the court found the notice unsustainable. While the petitioner's challenge was successful, the respondent can reassess the interest amount in line with the amended provisions. The judgment emphasized the impact of the legal amendment on interest calculation, ensuring a fair determination of the amount owed. en-us Thu, 09 Sep 2021 00:00:00 +0530 Thu, 27 Mar 2025 11:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=412270 The court set aside the demand notice for interest under the GST Act for Assessment Year 2017-18 and 2018-19 in W.P.A. No.11244 of 2020. Following an amendment to Section 50 Sub-Section (1) by the Finance Act, 2021, the court found the notice unsustainable. While the petitioner's challenge was successful, the respondent can reassess the interest amount in line with the amended provisions. The judgment emphasized the impact of the legal amendment on interest calculation, ensuring a fair determination of the amount owed. Case-Laws GST Thu, 09 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=412270