2022 (1) TMI 949

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....201, 1341, 2110, 3562, 3573, 4667, 5068 and 5098 of 2020 - -<br>GST<br>HON'BLE SRI JUSTICE UJJAL BHUYAN AND HON'BLE SMT. JUSTICE P. MADHAVI DEVI Petitioner Advocate : Gandra Mohan Rao Respondent Advocate : B Narasimha Sarma COMMON ORDER : (Per UB, J) This order will dispose of the present bunch of writ petitions. 2. We have heard learned counsel for the parties. 3. In this batch ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

...., not exceeding eighteen per cent, as may be notified by the Government on the recommendations of the Council." 6. It may be mentioned that the proviso to Section 50 was substituted by Finance Act, 2021 with retrospective effect from 01.07.2017. Prior to substitution, the proviso read as under : "PROVIDED that the interest on tax payable in respect of supplies made during a tax period ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....on that portion of the tax which is paid by debiting the electronic cash ledger." 7. In view of the amendment carried out, the grievance of the petitioners has been redressed. However, the details of interest to be paid by the petitioners are required to be worked out by the concerned authorities as per the amended provision. 8. In that view of the matter and having regard to the amendments ....