Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + SC VAT and Sales Tax - 2004 (9) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2004 (9) TMI 381 - SC - VAT and Sales TaxWhether the subsequent notification should be read as a correction or an amendment of the scheme as originally notified Held that:- Appeal allowed. It must be open to the State Government to recover sales tax dues as it is entitled to under the RST Act allowing the respondent-companies to only keep such benefits as had been already availed of by them up to January 7, 2000 and thereafter at the rates specified and according to the provisions of the scheme as modified by the corrigendum notification. However no interest or penalty will be charged from the respondent- companies by the appellants on the differential amounts for the period the matter was sub judice before this Court provided the respondent-companies pay the principal amount of sales tax within such time as may be specified by the appellants in this regard.
|