GST Council Made the Secondment Writs Infructuous?

All the secondment cases filed before various High Courts seem to have become infructuous as the Hon’ble GST Council waived interest and penalty for a certain financial years provided the tax is paid within the stipulated date. Consequently, the timeline for ITC under section 16(4) has also been extended.

This provides a good opportunity for taxpayers to pay the tax and get the credit with interest and penalty being waived.

Businesses facing ITC leakage may continue the litigation.

Let’s wait for the actual notes…