HC: Notices issued for recovery of interest on gross basis under Rajasthan HC scrutiny

Rajasthan HC issues notice to GST Department in writ challenging notices issued /s 79 of GST Act for recovery of interest on gross basis; Notes that two recovery notices for recovering of interest of more than Rs. 2 Crores have been issued by Revenue in pursuance of Instruction no. CBEC-20/16/07/2020-GST dated 10th February, 2020, which was challenged by the Petitioner; Records Petitioner’s submission that neither SCN was issued nor computation sheet dem...