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2015 (9) TMI 208 - HC - VAT and Sales TaxLevy of interest – Computation of interest period – Tribunal vide impugned order held that interest was leviable from date of order by which assessing authority or any other competent authority had taxed incidental charges for first time for any year – Held that:- primary issue that arises for consideration relates to date from which interest would be chargeable – It was not disputed that issue stands concluded by judgment of apex court in J. K. Synthetics Ltd. v. Commercial Taxes Officer [1994 (5) TMI 233 - SUPREME COURT] wherein it was held that interest was payable by dealer from date of passing of assessment order – In light of said decision, interest chargeable from date of passing of assessment order and not from date of passing of assessment order in any other year by which assessing authority has taxed incidental charges for first time – Decided against Assesse.
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