https://www.taxtmi.com/caselaws?id=222127 Tax on molasses under the VAT/trade tax regime was treated as not realisable during the pendency of the Supreme Court appeal, in line with the earlier Division Bench view that such tax was not recoverable and that illegally collected tax was refundable. The protection was made subject to the Supreme Court's final determination and interim order, so the purchasers' ultimate liability remained open. The respondents were directed to maintain accounts of molasses purchased and sold to preserve the position for enforcement in accordance with law if the appeal was decided against the assessee. en-us Fri, 05 Apr 2013 00:00:00 +0530 Mon, 28 Jul 2014 14:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=222127 Tax on molasses under the VAT/trade tax regime was treated as not realisable during the pendency of the Supreme Court appeal, in line with the earlier Division Bench view that such tax was not recoverable and that illegally collected tax was refundable. The protection was made subject to the Supreme Court's final determination and interim order, so the purchasers' ultimate liability remained open. The respondents were directed to maintain accounts of molasses purchased and sold to preserve the position for enforcement in accordance with law if the appeal was decided against the assessee. Case-Laws VAT and Sales Tax Fri, 05 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=222127