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MEGHA ENGINEERING AND INFRASTRUCTURES LTD. AND OTHERS vs. THE COMMISSIONER OF CENTRAL TAX AND OTHERS
(Telangana High Court)

Hon'ble Judges:

UJJAL BHUYAN
P. MADHAVI DEVI
Pet. Counsel
Gandra Mohan Rao
Res. Counsel
B Narasimha Sarma

Petitioner / Applicant

MEGHA ENGINEERING AND INFRASTRUCTURES LTD. AND OTHERS
Respondent THE COMMISSIONER OF CENTRAL TAX AND OTHERS
Court Telangana High Court
State

Telangana

Date Dec 22, 2021
Order No.

WRIT PETITION Nos.44517 of 2018, 12080, 12090, 12878, 13798, 17365, 17749, 17909, 17913, 18823, 20769, 21902, 23013, 26099, 29010 and 29279 of 2019, 128, 1201, 1341, 2110, 3562, 3573, 4667, 5068 and 5098 of 2020

Citation

2021(12) TAXREPLY 4990
Original Order
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ORDER

This order will dispose of the present bunch of writ petitions. 2. We have heard learned counsel for the parties. 3. In this batch of writ petitions, the basic grievance of the petitioners relates to levy of interest on the gross returned income and not on the net cash amount. 4. Basic controversy centres around interpretation of Section 50 of The Central Goods and Services Tax Act, 2017 (briefly ‘the CGST Act’ hereinafter). 5. It may be mentioned that Section 50 of the CGST Act deals with interest on delayed payment of tax. Sub-section (1) thereof as it initially stood, reads as under : “Every person who is liable to pay tax in accordance with the provisions of this Act or the rules made thereunder, but fails to pay the tax or any part thereof to the Government within the period prescribed, shall for the period for which the tax or any part thereof remains unpaid, pay, on his own, interest at such rate, not exceeding eighteen per cent, as may b....

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