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2022 (10) TMI 996 - HC - GSTDemand of interest under Section 50 of the Central Goods and Services Tax Act, 2017 - Period between July, 2017 and October, 2019 - HELD THAT:- It is appropriate that the petitioner file a reply to notice dated 04.02.2020, setting out the proper interest payable, according to it. Let the amount be re-determined by the authority in light of the decision of this Court in the case of M/S. MAANSAROVAR MOTORS PRIVATE LIMITED VERSUS THE ASSISTANT COMMISSIONER, THE SUPERINTENDENT OF GST & CENTRAL EXCISE, THE BRANCH MANAGER [2020 (11) TMI 107 - MADRAS HIGH COURT], within a period of four (4) weeks from today, after hearing the petitioner - it was held in the said case that Learned counsel for the petitioner states that the interest liability relating to belated payment of tax both by cash and reversal of ITC has been coercively recovered - With the insertion of the proviso to be taken to be retrospective, these writ petitions are allowed. In light of the alleged demand for interest, the respondent has attached the bank account of the petitioner in Axis Bank Limited, Anna Salai, Chennai in Form GST DRC-13. The attachment shall continue till such time re-computation is effected, as stipulated supra, and subject to the same - petition disposed off.
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