Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + SC VAT and Sales Tax - 2007 (9) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2007 (9) TMI 395 - SC - VAT and Sales TaxWhether form IV issued in the year 2001-02 can be revised in 2005-06 on the ground that the entertainment tax was collected on the basis that Serilingampally Municipality was a III grade municipality in spite of the fact that it was notified as special grade municipality with effect from May 18, 2001? Held that:- Appeal allowed. The question in regard to the quantum of difference may be determined by an appropriate authority after giving an opportunity of hearing to the respondent. We, however, make it clear that the respondent shall neither be liable to pay any interest on the said amount nor shall not be exigible to any penalty. We also make it clear that the computation of the difference in the amount of tax shall be confined only to the matter of upgradation of municipality and to no other.
|