GST Interest on Gross Tax Liability : HC disposes writ as per Administrative Instruction

Parnika Commercial And Estates Private Ltd. Vs Union of India (Delhi High Court)

Bu this writ Petitioner had sought a declaration that the liability to pay interest under Section 50 of the Central Goods and Services Tax Act, 2017  is confined only to the net tax liability and no interest is payable on the available ITC.

High Court observed that for the period of 1st July, 2017 to 31st August, 2020 field formations have been instructed to recover interest only on the net cash liability i.e

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