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Office of the Commercial Tax Department , Chennai issued Intimation Notice to all the taxpayer u/s 49B of the Tamil Nadu GST Act, 2017 read with Rule 88A of the Tamil Nadu GST Rules, 2017.
The Punjab and Haryana High Court in the case of M/s. Deepak Sales Corporation v. Union of India [CWP No. 283 of 2023 dated September 21, 2023] allowed the appeal filed by the Assessee by way of the writ petition…
1. Provisions of the law: As per section 50(3) of the CGST Act, 2017, where the amount of ITC is wrongly availed and utilized by the registered person, he shall be liable to pay interest on such amount of ITC…