Validation of retrospective tax interest rules bars refund claims and validates collection and recovery procedures. The section retroactively validates application of State general sales tax interest provisions to assessments, reassessments, collection, enforcement and related processes under section 9 of the Central Sales Tax framework, treats past impositions and collections as validly done if those provisions had been in force, bars suits and enforcement for refunds of such interest, permits recovery of refunded amounts as arrears where refunds would not have been allowed under the validated regime, and allows taking or continuing proceedings that could have been validly taken earlier; subsection (3) preserves rights to question imposition or claim refunds under the Central Sales Tax provisions read with the validation.
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.
Validation of retrospective tax interest rules bars refund claims and validates collection and recovery procedures.
The section retroactively validates application of State general sales tax interest provisions to assessments, reassessments, collection, enforcement and related processes under section 9 of the Central Sales Tax framework, treats past impositions and collections as validly done if those provisions had been in force, bars suits and enforcement for refunds of such interest, permits recovery of refunded amounts as arrears where refunds would not have been allowed under the validated regime, and allows taking or continuing proceedings that could have been validly taken earlier; subsection (3) preserves rights to question imposition or claim refunds under the Central Sales Tax provisions read with the validation.
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