https://www.taxtmi.com/forum/issue?id=118145 Levy of interest under the GST interest provision when a taxpayer maintains continuous excess Input Tax Credit raises whether interest is payable where there is no cash payment obligation and no revenue loss from short or non disclosed output tax; debate focuses on compensatory nature of interest, application of the proviso and computational rules, and whether such situations permit contesting interest demands. en-us Wed, 07 Sep 2022 09:04:45 +0530 Thu, 23 Jan 2025 15:54:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118145 Levy of interest under the GST interest provision when a taxpayer maintains continuous excess Input Tax Credit raises whether interest is payable where there is no cash payment obligation and no revenue loss from short or non disclosed output tax; debate focuses on compensatory nature of interest, application of the proviso and computational rules, and whether such situations permit contesting interest demands. Discussion-Forum GST Wed, 07 Sep 2022 09:04:45 +0530 https://www.taxtmi.com/forum/issue?id=118145