https://www.taxtmi.com/caselaws?id=100863 Statutory interest under section 8(1-A) of the U.P. Sales Tax Act, 1948 was treated as an automatic liability once tax remained unpaid beyond the prescribed period, so recovery could proceed without a separate assessment order or notice of demand. The Court also stated that a stay of recovery did not suspend the running of interest, because the statute contained no exemption for the stay period and the assessing authority had no discretion to waive it. For the amendment enacted by U.P. Act No. 3 of 1964, commencement was fixed at the date of Gazette publication, 1 February 1964, under the General Clauses Act. The result was that the assessee failed on all issues. en-us Mon, 23 Apr 1973 00:00:00 +0530 Fri, 09 Jan 2015 16:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=100863 Statutory interest under section 8(1-A) of the U.P. Sales Tax Act, 1948 was treated as an automatic liability once tax remained unpaid beyond the prescribed period, so recovery could proceed without a separate assessment order or notice of demand. The Court also stated that a stay of recovery did not suspend the running of interest, because the statute contained no exemption for the stay period and the assessing authority had no discretion to waive it. For the amendment enacted by U.P. Act No. 3 of 1964, commencement was fixed at the date of Gazette publication, 1 February 1964, under the General Clauses Act. The result was that the assessee failed on all issues. Case-Laws VAT and Sales Tax Mon, 23 Apr 1973 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=100863