GST DAILY – 182

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Assessee was not liable to pay interest if GST was deposited within due date but returns were filed after due date

THE HON’BLE MADRAS HIGH COURT in the case of EICHER MOTORS LTD. V/s SUPERINTENDENT OF GST AND CENTRAL EXCISE, decided on 23-1-2024

👉 Issue:-

✔️ Can deposited GST amount into Electronic Cash Ledger within due date, would be sufficient for not levying Interest?

👉 TheHon’ble High Court Judgement:-

✔️ Where assessee had routinely deposited GST amount into ECL within due date, it would not be liable to pay interest even if assessee could not file monthly return in Form GSTR 3B within due date but filed belatedly.

Section 50 read with section 39 and section 49 of CGST Act, 2017