https://www.taxtmi.com/forum/issue?id=120014 Interest for wrongly availed Compensation Cess credit is contingent on utilisation of that credit; where such credit was availed but not utilised and later reversed with payment via corrective filing after the annual return, the applicable GST interest framework (applied mutatis mutandis to Compensation Cess) does not support interest or penalty tied to mere availment. en-us Thu, 15 May 2025 15:22:08 +0530 Fri, 16 May 2025 15:38:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=120014 Interest for wrongly availed Compensation Cess credit is contingent on utilisation of that credit; where such credit was availed but not utilised and later reversed with payment via corrective filing after the annual return, the applicable GST interest framework (applied mutatis mutandis to Compensation Cess) does not support interest or penalty tied to mere availment. Discussion-Forum GST Thu, 15 May 2025 15:22:08 +0530 https://www.taxtmi.com/forum/issue?id=120014