https://www.taxtmi.com/forum/issue?id=118864 Interest cannot be precisely quantified until the date of payment, so notices commonly state interest as leviable under the relevant provision without exact computation. Notice rules limit orders to amounts and grounds specified, yet a statutory provision makes interest on short-paid or unpaid tax payable whether or not specified in the order. For tax shortfalls, mentioning interest in the notice without quantification is generally treated as sufficient if tax remains unpaid; for wrongly utilised ITC and erroneous refunds, quantification in DRC-07 and the very basis for interest may be mandatory and require separate analysis. en-us Thu, 23 Nov 2023 12:23:00 +0530 Fri, 24 Jan 2025 10:40:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=118864 Interest cannot be precisely quantified until the date of payment, so notices commonly state interest as leviable under the relevant provision without exact computation. Notice rules limit orders to amounts and grounds specified, yet a statutory provision makes interest on short-paid or unpaid tax payable whether or not specified in the order. For tax shortfalls, mentioning interest in the notice without quantification is generally treated as sufficient if tax remains unpaid; for wrongly utilised ITC and erroneous refunds, quantification in DRC-07 and the very basis for interest may be mandatory and require separate analysis. Discussion-Forum GST Thu, 23 Nov 2023 12:23:00 +0530 https://www.taxtmi.com/forum/issue?id=118864