The Madras High Court while quashing levy of interest on Input Tax Credit (ITC), directed the authority to refund recoveries effected through the bank. The batch of writ petitions was filed which revolved around the interpretation of Section 50 of the Central Goods and Services Tax Act, 2017, particularly the effective date of application of […]from Taxscan | Simplifying Tax Laws https://ift.tt/2JqN9ap
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