Landmark Lifestyle Vs. Union Of India & Ors
Date: May 27, 2019
Court: High Court
Bench: Delhi
Type: Writ Petition
Subject Matter
Recovery of interest demanded on gross GST liability stayed
Summary
1. Exemption allowed, subject to all just exceptions. 2. Mr. Mittal points out that the calculation of the interest payable for delayed payment of GST as determined by the Respondent is erroneous. According to him, interest has been calculated even o…
1. Exemption allowed, subject to all just exceptions. 2. Mr. Mittal points out that the calculation of the interest payable for delayed payment of GST as determined by the Respondent is erroneous. According to him, interest has been calculated even on the amount constituting the input tax credit which is in fact to be adjusted against the tax liability. He states that on the actual tax liability,…