Delay in Paying ₹80.26 Cr Price Adjustment Under GST Linked Works Contract: Telangana HC Orders 6% Interest for Late Payment [Read Order]

The Court observed that while interest is discretionary, it can be awarded depending on the facts of the case.
By Sneha Sukumaran Mullakkal - On April 8, 2025 2:39 pm - 2 mins read
Telangana HC - GST works contract - High Court GST case - Taxscan

The Telangana High Court, while dealing with a Goods and Service Tax(GST) linked works contract dispute, directed payment of interest at 6% per annum for delay in releasing ₹80.26 crore towards price adjustment, despite an earlier court order. Navayuga,petitioner-assessee,approached the High Court seeking release of ₹80.26 crore towards price adjustment for labour and materials under…

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