https://www.taxtmi.com/forum/issue?id=118435 A show cause notice proposes penalty for non-payment of interest on delayed GST; payment of the outstanding tax together with interest within thirty days of the notice triggers relief under the adjudication provision so that no penalty is payable. Contributors disagree whether interest is independently subject to penalty or forms part of the taxable shortfall, and whether a penalty can be imposed when the principal tax shortfall is not separately quantified. Practical guidance is to pay the interest within the notice period to avoid the proposed penalty while contesting substantive points as needed. en-us Mon, 20 Mar 2023 18:49:47 +0530 Thu, 23 Jan 2025 15:54:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118435 A show cause notice proposes penalty for non-payment of interest on delayed GST; payment of the outstanding tax together with interest within thirty days of the notice triggers relief under the adjudication provision so that no penalty is payable. Contributors disagree whether interest is independently subject to penalty or forms part of the taxable shortfall, and whether a penalty can be imposed when the principal tax shortfall is not separately quantified. Practical guidance is to pay the interest within the notice period to avoid the proposed penalty while contesting substantive points as needed. Discussion-Forum GST Mon, 20 Mar 2023 18:49:47 +0530 https://www.taxtmi.com/forum/issue?id=118435