GST -Section 50 CGST Act, 2017 – Interest liability for delayed payment of GST on net cash tax liability

Prasanna Kumar Bisoi Vs  Union of India  (Orissa High Court)

In a recent ruling passed by Hon’ble Orissa high court, held that w.r.t. interest liability for delayed payment of GST under Section 50(1) of the CGST Act, 2017, is required to be paid on net cash tax liability in view of the decision taken by the GST council in its 39^th Meeting held on 14 Mar

Please become a Premium member. If you are already a Premium member, login here to access the full content.