https://www.taxtmi.com/caselaws?id=127581 A tax concession tied to single-point taxation remained conditional on timely licensing compliance, so dealers were required to apply for the licence and pay the prescribed fee in advance on the basis of estimated turnover even if later scrutiny showed actual turnover below the minimum limit. That later factual position did not excuse non-compliance; the Rules confined the dealer to the refund mechanism if excess fee had been paid. The Madras HC also held that the statutory rule authorising recovery of the licence fee as if it were a fine was valid, so the recovery direction was lawful. en-us Fri, 20 Sep 1957 00:00:00 +0530 Tue, 12 Mar 2013 15:07:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=127581 A tax concession tied to single-point taxation remained conditional on timely licensing compliance, so dealers were required to apply for the licence and pay the prescribed fee in advance on the basis of estimated turnover even if later scrutiny showed actual turnover below the minimum limit. That later factual position did not excuse non-compliance; the Rules confined the dealer to the refund mechanism if excess fee had been paid. The Madras HC also held that the statutory rule authorising recovery of the licence fee as if it were a fine was valid, so the recovery direction was lawful. Case-Laws VAT and Sales Tax Fri, 20 Sep 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=127581