CBIC issues intra-dept. directive for recovery of interest on delayed returns

CBIC issues intra-departmental directions for recovery of interest payable on delayed payment of tax under section 50(1) of CGST Act, 2017 where the taxpayers have filed their FORM GSTR-3B returns belatedly; States that the Principal Additional Director General (Systems), on February 01, 2020, has generated and shared the GSTIN wise list of the registered person, who have not discharged the due interest and the amount of Rs. 45,996 crore remains unpaid to the Govt.; Clarifies...