https://www.taxtmi.com/caselaws?id=152467 The Andhra Pradesh High Court held that interest under section 16(3) of the Andhra Pradesh General Sales Tax Act could be levied on provisional assessments made both within the assessment year and after its close, because the statutory scheme of section 15 and rule 17 treated provisional assessment as a year-linked process and not one confined to completion before 31 March. It further held that stay orders obtained in writ proceedings did not exclude the stay period from interest computation, since the liability arose automatically on default. The Court also held that no prior show-cause notice was required before levying interest, as the charge was statutory and not punitive. en-us Tue, 08 Nov 1977 00:00:00 +0530 Thu, 04 Jul 2013 14:21:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152467 The Andhra Pradesh High Court held that interest under section 16(3) of the Andhra Pradesh General Sales Tax Act could be levied on provisional assessments made both within the assessment year and after its close, because the statutory scheme of section 15 and rule 17 treated provisional assessment as a year-linked process and not one confined to completion before 31 March. It further held that stay orders obtained in writ proceedings did not exclude the stay period from interest computation, since the liability arose automatically on default. The Court also held that no prior show-cause notice was required before levying interest, as the charge was statutory and not punitive. Case-Laws VAT and Sales Tax Tue, 08 Nov 1977 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152467