https://www.taxtmi.com/caselaws?id=801205 Interest under Section 50(1) on delayed GST payment accrues only until tax paid through Form GST PMT-06 is credited to the Government account; a later debit from the Electronic Cash Ledger is merely an accounting appropriation. Tax already deposited through DRC-03 before determination cannot be recovered again under Section 73(1). Interest paid for a separate tax shortfall cannot be adjusted against interest on delayed monthly tax payments without establishing earlier Government-account credit. Penalty immunity under Section 73(8) applies only where tax and applicable interest are paid within 30 days of the show-cause notice; otherwise, statutory penalty may apply without proof of fraud or deliberate default. en-us Thu, 15 Oct 2026 00:00:00 +0530 Fri, 16 Oct 2026 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801205 Interest under Section 50(1) on delayed GST payment accrues only until tax paid through Form GST PMT-06 is credited to the Government account; a later debit from the Electronic Cash Ledger is merely an accounting appropriation. Tax already deposited through DRC-03 before determination cannot be recovered again under Section 73(1). Interest paid for a separate tax shortfall cannot be adjusted against interest on delayed monthly tax payments without establishing earlier Government-account credit. Penalty immunity under Section 73(8) applies only where tax and applicable interest are paid within 30 days of the show-cause notice; otherwise, statutory penalty may apply without proof of fraud or deliberate default. Case-Laws GST Thu, 15 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801205