https://www.taxtmi.com/article/detailed?id=10676 Interest under Section 50 of the CGST Act is chargeable where GST was not remitted, notwithstanding balances in the electronic cash or credit ledgers, because ledger balances are not payment until actually debited or utilized; availability of input tax credit alone does not preclude interest, and authorities on return timelines are inapposite to this requirement. en-us Sat, 10 Sep 2022 07:05:32 +0530 Sat, 10 Sep 2022 07:05:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=10676 Interest under Section 50 of the CGST Act is chargeable where GST was not remitted, notwithstanding balances in the electronic cash or credit ledgers, because ledger balances are not payment until actually debited or utilized; availability of input tax credit alone does not preclude interest, and authorities on return timelines are inapposite to this requirement. Articles Goods and Services Tax - GST Sat, 10 Sep 2022 07:05:32 +0530 https://www.taxtmi.com/article/detailed?id=10676