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Challenge towards interest calculation under section 50 of CGST Act

Interest — The challenge in this Petition is to the communications advising the Petitioners to deposit certain amounts towards interest which are stated to be calculated by the system as per the provisions of Section 50 of the CGST Act. Held that—we think that it is not necessary to entertain the present Petition since, the apprehensions expressed by the Petitioner in this Petition, stand substantially redressed at the present stage.

Concord Exotic Voyages (India) Pvt. Ltd. Vs. The Assistant Commissioner of Central Goods And Service Tax And Central Excise And Another [2020] 22 TAXLOK.COM 062 (Bombay)