https://www.taxtmi.com/forum/issue?id=119283 Dispute concerns whether the amendment to Rule 88B-which exempts amounts in the Electronic Cash Ledger from interest merely for delayed return filing-applies retrospectively from 1 July 2017 or only from the rule's publication date in July 2024. Resolution requires reconciling the Finance Act substitution to the proviso of Section 50 (deemed effective 1 July 2017), notifications appointing commencement dates for related provisions, GST Council recommendations to relieve interest where ledger funds existed, and judicial findings treating ledger deposits as government receipts. en-us Sat, 31 Aug 2024 17:12:12 +0530 Fri, 09 May 2025 17:42:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119283 Dispute concerns whether the amendment to Rule 88B-which exempts amounts in the Electronic Cash Ledger from interest merely for delayed return filing-applies retrospectively from 1 July 2017 or only from the rule's publication date in July 2024. Resolution requires reconciling the Finance Act substitution to the proviso of Section 50 (deemed effective 1 July 2017), notifications appointing commencement dates for related provisions, GST Council recommendations to relieve interest where ledger funds existed, and judicial findings treating ledger deposits as government receipts. Discussion-Forum GST Sat, 31 Aug 2024 17:12:12 +0530 https://www.taxtmi.com/forum/issue?id=119283