Artwork

Content provided by Lakshmikumaran & Sridharan Attorneys. and Sridharan Attorneys.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lakshmikumaran & Sridharan Attorneys. and Sridharan Attorneys. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

New Rule 88B providing for manner of calculating interest – Susceptible to challenge?

9:06
 
Share
 

Manage episode 339944719 series 2986897
Content provided by Lakshmikumaran & Sridharan Attorneys. and Sridharan Attorneys.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lakshmikumaran & Sridharan Attorneys. and Sridharan Attorneys. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Due to periodical amendments, the provisions relating to levy of interest under GST has been the subject matter of varied interpretations. Recently, the Central Goods and Services Tax Rules, 2017 (‘CGST Rules’) have been amended vide the Amendment Rules, 2022 to introduce a new Rule 88B, retrospectively with effect from 1 July 2017. The said rule provides for the manner of calculating interest on delayed payment of tax. In this Article, the authors intend to analyze the nuances of the new Rule 88B and the implications arising therefrom.
Audio Source : An article published on the LKS website in August 2022
https://www.lakshmisri.com/insights/articles/new-rule-88b-providing-for-manner-of-calculating-interest-susceptible-to-challenge/#
Authors: Sahana Rajkumar, Principal Associate (LKS), Balaji Sai Krishnan Principal Associate (LKS)

Voice : Sahana Rajkumar, Principal Associate (LKS)

  continue reading

165 episodes

Artwork
iconShare
 
Manage episode 339944719 series 2986897
Content provided by Lakshmikumaran & Sridharan Attorneys. and Sridharan Attorneys.. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Lakshmikumaran & Sridharan Attorneys. and Sridharan Attorneys. or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Due to periodical amendments, the provisions relating to levy of interest under GST has been the subject matter of varied interpretations. Recently, the Central Goods and Services Tax Rules, 2017 (‘CGST Rules’) have been amended vide the Amendment Rules, 2022 to introduce a new Rule 88B, retrospectively with effect from 1 July 2017. The said rule provides for the manner of calculating interest on delayed payment of tax. In this Article, the authors intend to analyze the nuances of the new Rule 88B and the implications arising therefrom.
Audio Source : An article published on the LKS website in August 2022
https://www.lakshmisri.com/insights/articles/new-rule-88b-providing-for-manner-of-calculating-interest-susceptible-to-challenge/#
Authors: Sahana Rajkumar, Principal Associate (LKS), Balaji Sai Krishnan Principal Associate (LKS)

Voice : Sahana Rajkumar, Principal Associate (LKS)

  continue reading

165 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide