https://www.taxtmi.com/highlights?id=87687 HC modified its prior interim order regarding CGST Act amendment, reducing the mandatory deposit from twenty percent to ten percent as per the Finance (No. 2) Act, 2024. The court interpreted Section 112(8) and Section 143, concluding that the statutory amendment directly impacts the interim deposit requirement. Consequently, the original direction for twenty percent deposit shall now be construed as a ten percent deposit, effectively aligning with the recent legislative modification. Application disposed of with consequential relief. en-us Wed, 23 Apr 2025 09:09:34 +0530 Wed, 28 May 2025 20:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=87687 HC modified its prior interim order regarding CGST Act amendment, reducing the mandatory deposit from twenty percent to ten percent as per the Finance (No. 2) Act, 2024. The court interpreted Section 112(8) and Section 143, concluding that the statutory amendment directly impacts the interim deposit requirement. Consequently, the original direction for twenty percent deposit shall now be construed as a ten percent deposit, effectively aligning with the recent legislative modification. Application disposed of with consequential relief. Highlights GST Wed, 23 Apr 2025 09:09:34 +0530 https://www.taxtmi.com/highlights?id=87687