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2015 (9) TMI 527 - HC - VAT and Sales TaxLevy of Interest Delayed payment Whether Tribunal was right in law in holding that applicant was liable to pay interest as assessed by Sales Tax Officer under section 47(4A) of Gujarat Sales tax Act, 1969 Held that:- Similar question was discussed in case of Brook Bond India Ltd Vs. State of Gujarat [1998 (11) TMI 632 - GUJARAT HIGH COURT] On considering ratio laid down in said case as similar facts and questions of law were involved, assesses would not be liable to pay any interest as assessed by Sales Tax Officer under section 47(4A) of Gujarat Sales Tax Act, 1969 Interest was not to be levied upon appellants under section 47(4A)(A) of amended Act Therefore appeals allowed Decided in favour of Assesse.
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