20/09/2020
Administrative Relief in recovery of Interest under GST
CBEC has given instructions to their field officers that for the period 01-07-2017 to 31-08-2020,
(i) to recover interest only on the net cash tax liability (i.e. that portion of the tax that has been paid by debiting the electronic cash ledger or is payable through cash ledger); and
(ii) wherever SCNs have been issued on gross tax payable, the same may be kept in Call Book till the retrospective amendment in section 50 of the CGST Act is carried out.
F. No. CBEC - 20/01/08/2019-GST, dated 18-09-2020
