Request to PM to stop collecting interest on Gross GST Liability

Guest , Last updated: 24 February 2020  
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The FM in the Union Budget 2020 announced to amend section 50 of the CGST Act and collect interest on the Net GST Liability. However, a few days ago CBIC issued a clarification that the interest will be collected on the effect of such amendment will be prospective and not retrospective that interest

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Guest
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Category GST   Report

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