Delhi HC stays recovery of interest demanded on gross GST liability

M/s. Landmark Lifestyle Vs. Union Of India & Ors. (Delhi High Court) Delhi High Court has granted stay from recovery of interest demanded on gross GST liability till next hearing to be held in 30th Sept 2019 – Advocate J K Mittal represented the petitioner. 1. Exemption allowed, subject to all just exceptions. 2. Mr. Mittal points out that the calculation of the interest payable for delayed payment of GST as determined by the Respondent is erroneous. According to him, interest has been calculated even on the amount constituting the input tax credit which is in fact to be adjusted aga...