https://www.taxtmi.com/caselaws?id=104873 Interest on delayed tax payment can be levied only where there is a valid and enforceable demand for tax legally payable. A demand notice issued when the State lacked authority to levy sales tax on levy transactions was not a valid basis for interest. After the later judgment restoring the State's taxing power, the fresh demand issued on 20 February 1997 became the operative demand, and payment within the permitted time meant no default arose. On that basis, the claim for interest was not sustainable and was quashed in favour of the assessee. en-us Wed, 16 Feb 2000 00:00:00 +0530 Sat, 18 Mar 2017 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104873 Interest on delayed tax payment can be levied only where there is a valid and enforceable demand for tax legally payable. A demand notice issued when the State lacked authority to levy sales tax on levy transactions was not a valid basis for interest. After the later judgment restoring the State's taxing power, the fresh demand issued on 20 February 1997 became the operative demand, and payment within the permitted time meant no default arose. On that basis, the claim for interest was not sustainable and was quashed in favour of the assessee. Case-Laws VAT and Sales Tax Wed, 16 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104873