https://www.taxtmi.com/forum/issue?id=119434 Whether interest is payable where tax was deposited by PMT-06 but later offset by DRC-03 is contested: one view treats a PMT-06 treasury deposit as immediate discharge of liability for practical purposes, while an alternative view requires formal offsetting by return adjustment or DRC-03 before liability is discharged, leaving interest exposure until such formal offset. en-us Fri, 29 Nov 2024 12:57:45 +0530 Fri, 24 Jan 2025 10:40:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119434 Whether interest is payable where tax was deposited by PMT-06 but later offset by DRC-03 is contested: one view treats a PMT-06 treasury deposit as immediate discharge of liability for practical purposes, while an alternative view requires formal offsetting by return adjustment or DRC-03 before liability is discharged, leaving interest exposure until such formal offset. Discussion-Forum GST Fri, 29 Nov 2024 12:57:45 +0530 https://www.taxtmi.com/forum/issue?id=119434