Sunday, 1 March 2026

Appellate Authority allows payment of incremental tax liability without interest w.r.t issuance of debit notes due to price escalation

 This Tax Alert summarizes a recent order passed by the Commissioner CGST (Appeals) , being the First Appellate Authority, regarding the applicability of interest on differential tax pursuant to issuance of debit notes for upward revision of price.


The key observations of the Commissioner (Appeals) are:

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Appellate Authority allows payment of incremental tax liability without interest w.r.t issuance of debit notes due to price escalation

  This Tax Alert summarizes a recent order passed by the Commissioner CGST (Appeals) , being the First Appellate Authority, regarding the ap...