Deposit requirement revised and Authority empowered to direct refunds or interstate transfers of wrongly collected state tax. Amendment replaces the term pre-deposit with deposit and authorises the Authority to direct a State to refund tax held not due to it or to transfer the refundable amount to the State entitled to central sales tax on the same transaction, provided the refunded amount does not exceed the central sales tax payable by the appellant on that transaction.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Deposit requirement revised and Authority empowered to direct refunds or interstate transfers of wrongly collected state tax.
Amendment replaces the term pre-deposit with deposit and authorises the Authority to direct a State to refund tax held not due to it or to transfer the refundable amount to the State entitled to central sales tax on the same transaction, provided the refunded amount does not exceed the central sales tax payable by the appellant on that transaction.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
