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Whether interest is payable on ITC component also?

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Input Tax Credit — With the consent of learned counsel on both sides, writ petition disposed off in the light of order passed in another writ petition (15624 of 2019) with identical set of facts directing the respondents to consider the writ petitioner’s objection and request on the issue as to whether interest is payable on ITC component also. — Daejung Moparts Pvt. Ltd. Vs. The Assistant Commissioner of C GST & Central Excise, The Commissioner of GST & Central Excise [2019] 13 TAXLOK.COM 022 (Madras)