https://www.taxtmi.com/caselaws?id=434207 The HC ruled on GST interest liability, finding that interest under Section 50 applies only to cash component delays, not input tax credit. The Court directed the petitioner to demonstrate undisputed payments within a specified timeframe. If successful, impugned notices would be set aside, and bank attachment lifted. The case clarified the interpretation of interest calculation in GST proceedings. en-us Tue, 07 Feb 2023 00:00:00 +0530 Mon, 14 Apr 2025 13:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434207 The HC ruled on GST interest liability, finding that interest under Section 50 applies only to cash component delays, not input tax credit. The Court directed the petitioner to demonstrate undisputed payments within a specified timeframe. If successful, impugned notices would be set aside, and bank attachment lifted. The case clarified the interpretation of interest calculation in GST proceedings. Case-Laws GST Tue, 07 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434207