The Hon’ble Madras High Court in M/s India Yamaha Motor Private Limited, v. the Commissioner of CGST & Central Excise [WP.No.19044 of 2019 and WMP.No.18404 of 2019 dated August 29, 2022] has held that in the case where Goods and Services Tax (“GST”) Liability has not been adjusted, interest under Section 50 of the Central Goods and Services Tax Act, 2017 (“the CGST Act”) is leviable even if the taxpayer has an adequate credit balance in his cash ledger or credit ledger.