https://www.taxtmi.com/forum/issue?id=118657 The proviso to the GST interest provision limits interest on belated returns to tax paid from the electronic cash ledger, but where a return is filed after commencement of assessment or evasion proceedings the exclusion does not apply. Thus, when tax shortfalls are detected during adjudication, interest is chargeable on the tax evaded even if the taxpayer discharges the liability using the Electronic Credit Ledger; the compensatory-interest principle from prior case law does not negate interest where the principal tax was due and paid late. en-us Fri, 21 Jul 2023 09:50:39 +0530 Thu, 23 Jan 2025 14:23:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118657 The proviso to the GST interest provision limits interest on belated returns to tax paid from the electronic cash ledger, but where a return is filed after commencement of assessment or evasion proceedings the exclusion does not apply. Thus, when tax shortfalls are detected during adjudication, interest is chargeable on the tax evaded even if the taxpayer discharges the liability using the Electronic Credit Ledger; the compensatory-interest principle from prior case law does not negate interest where the principal tax was due and paid late. Discussion-Forum GST Fri, 21 Jul 2023 09:50:39 +0530 https://www.taxtmi.com/forum/issue?id=118657