HC : Issuance of SCN/initiation of proceedings pre-requisite for determination of interest liability u/s 50

HC holds that interest liability u/s 50 of CGST Act, 2017 cannot be determined without initiating any adjudication process either u/s 73 or 74 of the CGST Act in the event of an assesse raising dispute towards liability of interest; Perusing Section 73(1), infers that if tax has not been paid/short paid, a notice is required to be served by the Proper Officer on the assesse not only requiring him to show cause as to why tax be not recovered from it, but also specifying in the...