Interest would be on net cash tax liability prior to amendment in Section 50 of CGST Act, 2017: Bombay High Court quashes recovery notices [Read Judgment]

The Bombay High Court while quashing the recovery notices issued by the respondent authority held that interest would be on net cash tax liability prior to amendment in Section 50 of the CGST Act, 2017. The petitioner, KLT Automotive, and Tubular Products Limited is a limited company having its registered office at Andheri (East), Mumbai. […]

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