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2012 (4) TMI 58 - HC - VAT and Sales TaxDemand - whether imposing/charging of interest under Section 30(4) of the Maharashtra Value Added Tax Act 2002 in respect of the late payment of tax for the years 2005-06, 2006-07 and 2007-08 is valid in law - Consequent to the Intimation, on 20 August 2009 the Petitioner filed revised returns for the years 2005-06, 2006-07 and 2007-08 and also paid the differential tax demanded consequent to the audit, aggregating to ₹ 41,38,416/- along with interest thereon under Section 30(3) of the Act - The demand for interest is not for the period prior to 1 July 2009 as the interest is being charged not with regard to a delay (period/time wise) in making the payment of tax to the State but is charged at a flat rate of 25 per cent of the additional tax payable as per the revised returns - In the present case, the interest is being charged at a flat rate and has no relation to the length of time(delay) in making the payment of tax - Petition is dismissed
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