Monday, April 22, 2019

GST: Interest payable on Total Tax Liability including a portion of which is liable to be set-off against ITC, says Hyderabad HC [Read Judgment]

A two-judge bench of the Hyderabad High Court has held that the interest under section 50 of the Central GST Act, 2017 is payable on the total tax liability including a portion of which is liable to be set-off against the input tax credit. The petitioner is engaged in the manufacture of MS Pipes and […]

The post GST: Interest payable on Total Tax Liability including a portion of which is liable to be set-off against ITC, says Hyderabad HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws http://bit.ly/2VlPoA8

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