2024 (1) TMI 1043 - HC - GST

Validity of caution notice - calling upon to pay interest in respect of four assessment years - HELD THAT - This writ petition is disposed of by directing the petitioner to pay the amounts demanded in the caution notice in three equal monthly installments. The first installment shall be paid on or before 31.01.2024, the second installment shall be paid on or before 29.02.2024 and the last installment shall be paid on or before 28.03.2024. It is clarified that it will be open to the respondent to take action in accordance with law in the event of default by the petitioner in making payments as per the above schedule. Petition closed.

Summary

Issues Involved: Challenge to caution notice demanding interest payment for tax dues, request for time extension due to Covid-19 impact.

Challenge to Caution Notice: The petitioner challenged a caution notice demanding interest payment for four assessment years. The petitioner claimed that all tax dues were settled but needed time to pay interest due to business impact during the Covid-19 pandemic. The petitioner's counsel referred to a previous court order related to the petitioner's case.

Resolution: Mrs. E. Renganayaki, representing the respondents, acknowledged the petitioner's situation and agreed that interest payment should be made promptly. The court, after considering the submissions and the previous order, directed the petitioner to pay the demanded amounts in three equal monthly installments. The due dates for the installments were specified as 31.01.2024, 29.02.2024, and 28.03.2024. The order emphasized that failure to comply could result in legal action by the respondent. No costs were awarded, and related petitions were closed as a consequence.