https://www.taxtmi.com/caselaws?id=427173 Issue concerns levy of interest for belated remittance of GST where taxpayers relied on available balances in electronic cash and credit registers without debiting them or filing returns. The legal principle applied is that mere availability of input tax credit does not constitute utilization; protection from interest requires actual remittance by debiting the relevant electronic registers and compliance with return filing obligations. Consequently, interest on late tax payment is permissible where taxes remain unpaid despite credit balances until such credits are lawfully availed and reflected by debit entries and returns. en-us Mon, 29 Aug 2022 00:00:00 +0530 Tue, 13 Jan 2026 14:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427173 Issue concerns levy of interest for belated remittance of GST where taxpayers relied on available balances in electronic cash and credit registers without debiting them or filing returns. The legal principle applied is that mere availability of input tax credit does not constitute utilization; protection from interest requires actual remittance by debiting the relevant electronic registers and compliance with return filing obligations. Consequently, interest on late tax payment is permissible where taxes remain unpaid despite credit balances until such credits are lawfully availed and reflected by debit entries and returns. Case-Laws GST Mon, 29 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427173