https://www.taxtmi.com/caselaws?id=154310 A statutory penalty triggered by failure to pay tax by the specified due date is governed by the law in force when the default is completed. The later enhancement of the penalty rate under section 36(3) of the Bombay Sales Tax Act, 1959 was not retrospective, as the amendment contained no express or implied indication to that effect. The unpaid amount remaining outstanding after the due date did not convert the completed default into a continuing one. The penalty therefore had to be calculated under the unamended provision, in favour of the dealer. en-us Thu, 13 Dec 1984 00:00:00 +0530 Sat, 17 Aug 2013 12:12:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=154310 A statutory penalty triggered by failure to pay tax by the specified due date is governed by the law in force when the default is completed. The later enhancement of the penalty rate under section 36(3) of the Bombay Sales Tax Act, 1959 was not retrospective, as the amendment contained no express or implied indication to that effect. The unpaid amount remaining outstanding after the due date did not convert the completed default into a continuing one. The penalty therefore had to be calculated under the unamended provision, in favour of the dealer. Case-Laws VAT and Sales Tax Thu, 13 Dec 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=154310