https://www.taxtmi.com/caselaws?id=427990 HC ruled on GST interest calculation dispute. Petitioners challenged interest levying on gross tax liability instead of net liability under CGST and GGST Acts. Following Finance Act, 2021 amendment to section 50, the court deemed petitions infructuous. Respondents were directed to implement amendment within twelve weeks, effectively resolving the interest calculation controversy by aligning with petitioners' original contention. en-us Wed, 27 Jul 2022 00:00:00 +0530 Thu, 10 Apr 2025 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=427990 HC ruled on GST interest calculation dispute. Petitioners challenged interest levying on gross tax liability instead of net liability under CGST and GGST Acts. Following Finance Act, 2021 amendment to section 50, the court deemed petitions infructuous. Respondents were directed to implement amendment within twelve weeks, effectively resolving the interest calculation controversy by aligning with petitioners' original contention. Case-Laws GST Wed, 27 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=427990