https://www.taxtmi.com/article/detailed?id=12947 Adjustment of interest against an IGST refund claim is permissible because interest on delayed tax payment is a statutory exaction that accrues automatically and may be recovered or adjusted against an admitted refund; refund entitlement does not negate interest liability where ITC was not available when the tax fell due, and the assessee must be given an opportunity to contest the interest even though a separate demand notice is not required for such adjustment. en-us Sat, 21 Sep 2024 08:30:33 +0530 Sat, 21 Sep 2024 08:30:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12947 Adjustment of interest against an IGST refund claim is permissible because interest on delayed tax payment is a statutory exaction that accrues automatically and may be recovered or adjusted against an admitted refund; refund entitlement does not negate interest liability where ITC was not available when the tax fell due, and the assessee must be given an opportunity to contest the interest even though a separate demand notice is not required for such adjustment. Articles Goods and Services Tax - GST Sat, 21 Sep 2024 08:30:33 +0530 https://www.taxtmi.com/article/detailed?id=12947