2019 (5) TMI 1608 - HC - GST

Interest payable for delayed payment of GST - erroneous calculation - HELD THAT - It is pointed out that against the total tax liability of ₹ 3.31 crores the interest liability works out to 8.19 crores which makes it unreasonable and erroneous. Notice. Mr. Harpreet Singh, Advocate accepts notice for the Respondents - Till the next date, no coercive action be taken against the Petitioner for non-payment of the interest amount. List the matter before the Registrar on 5th August, 2019 for completion of pleadings - List the matter before the Court on 30th September, 2019.

Summary

The Delhi High Court allowed exemption subject to exceptions in a case regarding the calculation of interest on delayed GST payment. The petitioner argued that interest was wrongly calculated on the input tax credit amount. The court directed no coercive action against the petitioner until the next date and scheduled further proceedings for August 5, 2019, and September 30, 2019.