https://www.taxtmi.com/forum/issue?id=118104 Amended GST interest provisions require interest on the entire tax short paid when output tax is under-declared, payable even if the additional liability is later discharged from the electronic credit ledger; commentators note that amendments and the interest calculation rule support this position while questioning the constitutional validity and legal basis for interest where no cash loss to the government is evident. en-us Sat, 06 Aug 2022 09:17:25 +0530 Thu, 23 Jan 2025 15:54:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118104 Amended GST interest provisions require interest on the entire tax short paid when output tax is under-declared, payable even if the additional liability is later discharged from the electronic credit ledger; commentators note that amendments and the interest calculation rule support this position while questioning the constitutional validity and legal basis for interest where no cash loss to the government is evident. Discussion-Forum GST Sat, 06 Aug 2022 09:17:25 +0530 https://www.taxtmi.com/forum/issue?id=118104