https://www.taxtmi.com/caselaws?id=106312 The Supreme Court addressed the use of fuels such as natural gas, furnace oil, light diesel oil and naphtha in manufacture, holding that the High Court must decide the fiscal questions on merits and without being influenced by earlier circulars or the impugned judgment. The judgment was set aside and the matter remitted for fresh decision. Pending reassessment proceedings were kept in abeyance until the High Court decides the remanded questions, while completed assessments were protected from further demand where no issue remained pending. The Court also directed that no penalty be imposed if tax becomes recoverable after the High Court's decision, though interest may be recovered according to law. en-us Wed, 04 Feb 2009 00:00:00 +0530 Mon, 02 Nov 2015 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=106312 The Supreme Court addressed the use of fuels such as natural gas, furnace oil, light diesel oil and naphtha in manufacture, holding that the High Court must decide the fiscal questions on merits and without being influenced by earlier circulars or the impugned judgment. The judgment was set aside and the matter remitted for fresh decision. Pending reassessment proceedings were kept in abeyance until the High Court decides the remanded questions, while completed assessments were protected from further demand where no issue remained pending. The Court also directed that no penalty be imposed if tax becomes recoverable after the High Court's decision, though interest may be recovered according to law. Case-Laws VAT and Sales Tax Wed, 04 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=106312