2021 (8) TMI 832 - SCH - GST

Liability to pay interest under Section 50 of the GST - submission is that the liability to pay interest under Section 50 of the GST Act automatically arises in respect of the delayed payment of the tax, and no notice for adjudication under Section 73 is necessary - HELD THAT - Issue notice, returnable in eight weeks.

Summary

The Supreme Court of India in 2021 (8) TMI 832 - SC Order, with Hon'ble Dr. Justice D.Y. Chandrachud and Hon'ble Mr. Justice M.R. Shah, noted that liability to pay interest under Section 50 of the GST Act arises automatically for delayed tax payment in a self-assessment case. Notice issued to be returned in eight weeks, with permission for dasti, and counter affidavit to be filed within four weeks.