https://www.taxtmi.com/forum/issue?id=117923 Whether interest is payable on the net tax liability after adjustment of opening input tax credit in the electronic credit ledger, or on the larger liability before considering input credit shown in the taxpayer's books but not reflected in the electronic credit ledger, where the taxpayer delayed filing GSTR 3B and paid later; the legal focus is on the timing and recognition of Input Tax Credit in the electronic ledger as the determinant for interest calculation. en-us Tue, 19 Apr 2022 21:47:02 +0530 Thu, 23 Jan 2025 15:54:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=117923 Whether interest is payable on the net tax liability after adjustment of opening input tax credit in the electronic credit ledger, or on the larger liability before considering input credit shown in the taxpayer's books but not reflected in the electronic credit ledger, where the taxpayer delayed filing GSTR 3B and paid later; the legal focus is on the timing and recognition of Input Tax Credit in the electronic ledger as the determinant for interest calculation. Discussion-Forum GST Tue, 19 Apr 2022 21:47:02 +0530 https://www.taxtmi.com/forum/issue?id=117923