https://www.taxtmi.com/caselaws?id=154272 Section 24(3) of the Tamil Nadu General Sales Tax Act was treated as a compensatory charge for delayed payment of tax, not a penal provision, and was upheld as constitutionally valid. The provision was construed strictly and applied only where tax assessed or payable was not paid within the statutory time specified in a notice of assessment or instalment order; it could not be automatically extended to monthly-return defaults under rule 18(3). No prior hearing was required before enforcing the charge because it operated automatically on default, though revision could test whether the amount and period were correctly computed. Interest was payable only for the actual period of delay, not for a full month when the default covered only part of a month. en-us Wed, 14 Nov 1984 00:00:00 +0530 Fri, 16 Aug 2013 15:43:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154272 Section 24(3) of the Tamil Nadu General Sales Tax Act was treated as a compensatory charge for delayed payment of tax, not a penal provision, and was upheld as constitutionally valid. The provision was construed strictly and applied only where tax assessed or payable was not paid within the statutory time specified in a notice of assessment or instalment order; it could not be automatically extended to monthly-return defaults under rule 18(3). No prior hearing was required before enforcing the charge because it operated automatically on default, though revision could test whether the amount and period were correctly computed. Interest was payable only for the actual period of delay, not for a full month when the default covered only part of a month. Case-Laws VAT and Sales Tax Wed, 14 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154272