Section 50 of the CGST Act, 2017 — Interest —-- The petitioner challenged the order(s) dated 24th May, 2022 passed by Appellate Authority, whereby the appeal has been rejected. The court observed that the Petitioner has deposited the admitted tax belatedly. The assessing authority has proceeded to levy interest by verifying the returns. The liability to pay interest under Section 50 is automatic without any requirement for determination by any other. The Petitioner furnished a statement indicating interest component on the belated payment of admitted tax by its own calculation and payable at Rs.9,25,43,693.52. The Opposite Party Department has also reconciled the amount of interest payable and after reconciliation the total interest payable has been reduced to Rs.11,66,76,288/-.

Held that:- The Hon’ble High Court directed that if the Petitioner deposits a sum of Rs.9,25,43,693.52, the order(s) dated 24th May, 2022 passed by the Appellate Authority shall stand set aside. Upon such deposit of the aforesaid amount, the Opposite Parties shall forthwith ensure the withdrawal of all the attachments made in pursuance of the original demand(s).