https://www.taxtmi.com/caselaws?id=786741 Assessment confirmed demand for ineligible input tax credit, interest and penalty where taxpayer admitted the liability and paid from the electronic credit ledger before assessment; statutory alternative reduced penalty/payment options existed for timely payment after notice or before assessment but were not availed. Interest was assessed on shortfall in credit ledger for earlier periods and penalty imposed for delayed payment under the applicable penalty provisions. Because the petitioner accepted the liability, effected payment and did not invoke the statutory reduced-payment/penalty options, the assessment order confirming tax, interest and penalty was upheld and the writ dismissed. en-us Wed, 11 Feb 2026 00:00:00 +0530 Tue, 17 Feb 2026 18:38:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786741 Assessment confirmed demand for ineligible input tax credit, interest and penalty where taxpayer admitted the liability and paid from the electronic credit ledger before assessment; statutory alternative reduced penalty/payment options existed for timely payment after notice or before assessment but were not availed. Interest was assessed on shortfall in credit ledger for earlier periods and penalty imposed for delayed payment under the applicable penalty provisions. Because the petitioner accepted the liability, effected payment and did not invoke the statutory reduced-payment/penalty options, the assessment order confirming tax, interest and penalty was upheld and the writ dismissed. Case-Laws GST Wed, 11 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786741