Liability to pay interest u/s 50 on Net Tax liability or Gross ...
GST Interest Liability Clarified: Pay Interest on Net Tax Liability, Not Gross, Per CBIC Instructions Dated September 18, 2020.
November 2, 2020
Case Laws GST HC
Liability to pay interest u/s 50 on Net Tax liability or Gross tax (GST) without adjustment of ITC - The present writ petition is disposed of in accordance with the Administrative Instruction dated 18th September, 2020 issued by the Ministry of Finance through the CBIC - HC
View Source