https://www.taxtmi.com/forum/issue?id=119072 The central operative issue is whether interest liability for delayed GST deposits rests on the supplier despite the government recipient's delayed payment. While administrative and judicial views predominantly treat interest as triggered by delayed deposit irrespective of recipient non-payment, a defense asserts that payment due-dates are tied to return-filing deadlines and that notified filing extensions for the period may negate any delay-based interest. Practical remedies include recovery of interest from the government recipient, seeking order rectification or further litigation, and using credit ledger balances to avoid interest to that extent. en-us Tue, 16 Apr 2024 22:16:31 +0530 Fri, 24 Jan 2025 10:40:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119072 The central operative issue is whether interest liability for delayed GST deposits rests on the supplier despite the government recipient's delayed payment. While administrative and judicial views predominantly treat interest as triggered by delayed deposit irrespective of recipient non-payment, a defense asserts that payment due-dates are tied to return-filing deadlines and that notified filing extensions for the period may negate any delay-based interest. Practical remedies include recovery of interest from the government recipient, seeking order rectification or further litigation, and using credit ledger balances to avoid interest to that extent. Discussion-Forum GST Tue, 16 Apr 2024 22:16:31 +0530 https://www.taxtmi.com/forum/issue?id=119072