https://www.taxtmi.com/caselaws?id=105249 Interest under section 8(1) of the U.P. Sales Tax Act, 1948 was confined to tax "admittedly payable" within the prescribed time, meaning tax disclosed in the dealer's accounts or admitted in the return or proceeding. A bona fide dispute over product classification and the applicable tax rate did not amount to a failure to pay admitted tax, especially where the dealer had paid the tax on its own admitted rate and the disputed balance was paid after final resolution. The distinction from the post-assessment regime under sections 8(1-A) and 8(1-B) meant the differential amount remained disputed tax until determined, so interest under section 8(1) was not leviable. en-us Tue, 01 Dec 1998 00:00:00 +0530 Fri, 30 Aug 2013 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=105249 Interest under section 8(1) of the U.P. Sales Tax Act, 1948 was confined to tax "admittedly payable" within the prescribed time, meaning tax disclosed in the dealer's accounts or admitted in the return or proceeding. A bona fide dispute over product classification and the applicable tax rate did not amount to a failure to pay admitted tax, especially where the dealer had paid the tax on its own admitted rate and the disputed balance was paid after final resolution. The distinction from the post-assessment regime under sections 8(1-A) and 8(1-B) meant the differential amount remained disputed tax until determined, so interest under section 8(1) was not leviable. Case-Laws VAT and Sales Tax Tue, 01 Dec 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=105249