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    <title>2005 (3) TMI 453 - Supreme Court</title>
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    <description>After concessional sales tax notifications were quashed, dealers were bound to apply the rate in the statutory Schedule, and could not continue collecting tax at the reduced rate merely because appeals were pending. The plea that the appellant was unaware of the High Court decision was rejected because ignorance of law is no excuse. The Court distinguished situations where a valid notification legally prevented collection at a different rate. The assessment and demand therefore stood, and the appellant remained liable to collect and pay tax at the applicable 6 per cent rate.</description>
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    <pubDate>Wed, 02 Mar 2005 00:00:00 +0530</pubDate>
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      <title>2005 (3) TMI 453 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=105594</link>
      <description>After concessional sales tax notifications were quashed, dealers were bound to apply the rate in the statutory Schedule, and could not continue collecting tax at the reduced rate merely because appeals were pending. The plea that the appellant was unaware of the High Court decision was rejected because ignorance of law is no excuse. The Court distinguished situations where a valid notification legally prevented collection at a different rate. The assessment and demand therefore stood, and the appellant remained liable to collect and pay tax at the applicable 6 per cent rate.</description>
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      <pubDate>Wed, 02 Mar 2005 00:00:00 +0530</pubDate>
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