https://www.taxtmi.com/caselaws?id=150282 Penal interest under the U.P. Sales Tax Act is chargeable only when tax remains unpaid beyond the stipulated period and the dealer becomes a defaulter. Where the Commissioner, acting under the relevant power to extend time and keep recovery in abeyance, issued a stay order that remained in force, the assessee could not be treated as in default during that period. Interest could run only after the stay was withdrawn and the extended protection ended. Consequently, penal interest was not leviable for the period covered by the operative stay order, and recovery for that period was rejected. en-us Tue, 18 Jul 1972 00:00:00 +0530 Sat, 11 May 2013 11:40:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150282 Penal interest under the U.P. Sales Tax Act is chargeable only when tax remains unpaid beyond the stipulated period and the dealer becomes a defaulter. Where the Commissioner, acting under the relevant power to extend time and keep recovery in abeyance, issued a stay order that remained in force, the assessee could not be treated as in default during that period. Interest could run only after the stay was withdrawn and the extended protection ended. Consequently, penal interest was not leviable for the period covered by the operative stay order, and recovery for that period was rejected. Case-Laws VAT and Sales Tax Tue, 18 Jul 1972 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150282