Interest on delayed GST payment not payable on credit component

Sri Priyanga Agencies Vs Assistant Commissioner of CGST & Central Excise (Madras High Court) In a case between Sri Priyanga Agencies and the Assistant Commissioner of CGST & Central Excise, the Madras High Court has issued a common order. The court has disposed of the main writ petition and two related Writ Miscellaneous Petitions (WMPs). The order refers to a previous judgment from 2019, which had conflicting views from two judges of a Division Bench. A third judge concurred with one of the judges who upheld the order from June 13, 2019, in W.P.No.15624 of 2019. Both parties, the writ...