#gst interest

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Interest on GST refund directed to run from sixty days after the first refund application, as the appellate process is merely a continuation and does not postpone the statutory entitlement

Case Title: Bansal International v. Commissioner of DGST & Anr.Court: High Court of DelhiPetition No.: W.P.(C) 11629/2023Date of Judgment: 21 November 2023Category of Dispute: Refund – Interest on Delayed RefundRelevant Provisions: Sections 54, 56, 107, 112, 117 of the CGST/DGST Act; Rule 89, Rule 90 of the CGST Rules Facts (paras 1–14, 4.1–4.7) The petitioner, a proprietor engaged in exports,…

Interest on GST refund directed to run from sixty days after the first refund application, as the appellate process is merely a continuation and does not postpone the statutory entitlement

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Demand under Section 50 of CGST Act quashed as retrospective amendment limited levy of interest only on net tax liability

Case Title: Pramod Kumar Samal v. Principal Commissioner, CGST, Central Excise and Customs, Bhubaneswar & OthersCourt: High Court of Orissa at CuttackPetition No.: W.P.(C) No. 5939 of 2025Category of Dispute: Interest on delayed payment under Section 50 – Retrospective amendment disputeDate of Judgement: 18 June 2025Relevant Sections: Sections 50 and 74 of the CGST Act, 2017; Section 112 of the…

Demand under Section 50 of CGST Act quashed as retrospective amendment limited levy of interest only on net tax liability

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Advisory on interest demand under GST upheld as court held it merely puts taxpayer on guard and recovery can only follow due process under Rule 142B and Section 79

Case Summary Case Title: Reliance Formulation Private Limited v. Assistant Commissioner of State Tax, Ghatak 21, Division 2Court: High Court of Gujarat at AhmedabadPetition No.: R/Special Civil Application No. 5453 of 2025Category: Recovery of Interest – Advisory/Notice validityDate of Judgment: 27 June 2025Relevant Sections: Sections 39, 50(1), 75(12), 79 of CGST Act, 2017; Rules 88B, 88C, 142B…

Advisory on interest demand under GST upheld as court held it merely puts taxpayer on guard and recovery can only follow due process under Rule 142B and Section 79

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Refund directed with 9% interest and costs as recovery under GST was held illegal and orders passed in disregard of binding precedent

Case: M/s Great Eastern Hire Purchase Pvt. Ltd. v. State of Bihar & Ors. Court: Patna High CourtPetition: Civil Writ Jurisdiction Case No. 18049 of 2024Category of Dispute: Refund with interest and costs (illegal recovery under GST)Date of Judgment: 25 June 2025Relevant Sections: Sections 62, 73, 74 of the CGST/BGST Act, 2017 Facts (Paras 2–7) The petitioner, M/s Great Eastern Hire Purchase Pvt.…

Refund directed with 9% interest and costs as recovery under GST was held illegal and orders passed in disregard of binding precedent

[gstindiaguide-blog1]

GST recovery quashed; Patna High Court orders 9% interest and costs for illegal recovery made in disregard of precedent

Case Details Court: Patna High Court Case No.: Civil Writ Jurisdiction Case No. 18049 of 2024 Judgment Date: 25.06.2025 Parties: M/s Great Eastern Hire Purchase Pvt. Ltd. vs State of Bihar & Ors. Category of Dispute: Refund with Interest and Costs – Illegal Recovery Relevant Sections: Sections 73, 74, 62 of the CGST/BGST Act, 2017; Rule references not directly invoked Facts (Para 2, 3,…

GST recovery quashed; Patna High Court orders 9% interest and costs for illegal recovery made in disregard of precedent

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GST demand quashed as invocation of Section 74 held invalid in absence of fraud or suppression

Case Details Court: High Court of Judicature at Allahabad Petition Number: Writ Tax No. 357 of 2025 Petitioner: Chandrashekhar Yadav Respondents: State of U.P. and another Date of Judgement: 28 February 2025 Relevant Section: Section 74 of the U.P. GST Act, 2017 (pari materia with CGST Act) Category of Dispute: Interest and Penalty demand under Section 74 Facts of the Case (Paras 1–3,…

GST demand quashed as invocation of Section 74 held invalid in absence of fraud or suppression

[loantrivia]

Demystifying Complexity: A Deep Dive into the GST Calculation Formula

GST or Goods and Services Tax is a comprehensive indirect tax reform that has replaced multiple indirect taxes. The GST calculation formula is essentially a tax on the value addition at each stage of production of goods or services, and the tax system is based on the cross-utilization of input tax credit (ITC). The GST calculation formula can be expressed in different ways depending on whether…

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[loantrivia]

Track GST Interest: Test Our Calculator Now

The article emphasizes the importance of staying updated with GST regulations and interest rates. It introduces the concept of the GST interest calculator and explains its importance in calculating the interest payable on delayed payments. It highlights the benefits of using the calculator, such as it saves time and money while ensuring accuracy. The article also explains some of the penalties…

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