https://www.taxtmi.com/caselaws?id=103697 Where the Haryana General Sales Tax Act provisions were materially analogous to those already considered in binding Constitution Bench precedent, the levy and collection of interest under those provisions could not be sustained. Applying that precedent, the Court treated the challenged interest recovery as unsupportable and directed refund to the assessees. The amounts collected as interest were to be returned, with interest at 12% per annum from the date of actual recovery until refund, within the stipulated time. en-us Fri, 13 May 1994 00:00:00 +0530 Sat, 05 Jul 2014 15:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103697 Where the Haryana General Sales Tax Act provisions were materially analogous to those already considered in binding Constitution Bench precedent, the levy and collection of interest under those provisions could not be sustained. Applying that precedent, the Court treated the challenged interest recovery as unsupportable and directed refund to the assessees. The amounts collected as interest were to be returned, with interest at 12% per annum from the date of actual recovery until refund, within the stipulated time. Case-Laws VAT and Sales Tax Fri, 13 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103697