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    <title>2012 (9) TMI 105 - Supreme Court</title>
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    <description>Time limits under the trade circular were extended, and an interim arrangement was made to protect developers from coercive recovery of tax, interest, or penalty pending final disposal. The arrangement preserved the revenue&#039;s right to complete assessment and treated any payment by developers as subject to the final decision. It also provided that, if the amendment to section 2(24) of the Maharashtra Value Added Tax Act, 2002 were ultimately struck down, any amount returned by the State would carry interest as ordered at final disposal.</description>
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      <link>https://www.taxtmi.com/caselaws?id=216289</link>
      <description>Time limits under the trade circular were extended, and an interim arrangement was made to protect developers from coercive recovery of tax, interest, or penalty pending final disposal. The arrangement preserved the revenue&#039;s right to complete assessment and treated any payment by developers as subject to the final decision. It also provided that, if the amendment to section 2(24) of the Maharashtra Value Added Tax Act, 2002 were ultimately struck down, any amount returned by the State would carry interest as ordered at final disposal.</description>
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      <pubDate>Tue, 28 Aug 2012 00:00:00 +0530</pubDate>
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