Interest leviable only on cash portion of GST liability with retrospectively from July 1, 2017
Last updated: 12 November 2022
Court :
Chhattisgarh High Court
Brief :
The Hon’ble Chhattisgarh High Court in the case of M/sAbis Export India Private Limited v. State of Chhattisgarh, [WPT No. 100 of 2019], held that the amendment to Section 50 of the Central Goods and Services Tax Act, 2017 (“the CGST Act”) regarding the imposition of the interest on late payment of tax has a retrospective effect.
Citation :
WPT No. 100 of 2019
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Bimal Jain
Published in GST
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