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2010 (2) TMI 1105 - HC - VAT and Sales TaxDemand of interest under section 8(1) of the Act challenged - Held that:- The tax assessed on the warranty claim amount by reassessment order under section 21 cannot be said to be admitted tax for the purpose of demand of interest under section 8(1) of the Act. The petitioner is only liable to pay interest under section 8(1B) of the Act. We hold that the petitioner is not liable to pay interest under section 8(1) of the Act for the assessment years 1999-2000 to 2002-03 and is only liable to pay interest under section 8(1B) of the Act. The claim of the petitioner for the assessment year 2003-04 is rejected.
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