Judgement

SCN notice demanding recovery of credit wrongly availed in Tran-1 valid Relevant Extract of Order is given below: 7. Mr. Harpreet Singh subm

SCN notice demanding recovery of credit wrongly availed in Tran-1 valid

Interest payable on net GST liability and that too with retrospective effect : HC ♠ Madras HC has now ruled that interest payable on net GST

Stay given by Gujarat High Court against collection of interest on gross liability GST Extract of Order is as follows: Let notice be issued 

Bail Granted to Chartered Accountant accused for GST Fraud on furnishing personal bond The present bail applications have been filed under S

Interest on delayed GST payment to be charged on Net tax liability As per recent news press release by CBIC, It has been clarified that, Int

Interest u/s 50 is an automatic liability, quantified after arithmetic exercise Some of the relevant points to be noted: ♣ There cannot be a