HC disposes petition with a direction to recompute GST interest – Section 50

V.L.S. Fibre Vs Assistant Commissioner of GST & Central Excise (Madras High Court) Heard Ms.S.Sarojini, learned counsel for Mr.R.Anish Kumar, learned counsel on record for the petitioner and Mr.A.P.Srinivas, learned Senior Standing Counsel for R1 and R2. 2. The challenge is to a notice of demand of interest under Section 50 of the Central Goods and Services Tax Act, 2017 (in short ‘CGST Act’) for various months between July, 2017 and October, 2019. No reply has been filed by the petitioner to this notice. 3. However, according to the petitioner, the computation of the demand i...