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    <title>Supreme Court Confirms Sales Tax Deferral Scheme Benefits Align with Statutory Provisions; Circular is Legally Binding.</title>
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    <description>Benefit of the sales tax deferral scheme - it is not the case of the Revenue that circular dated May 1, 2000 is in conflict with either any statutory provision or the deferral schemes announced under the aforementioned Government orders. We, therefore, hold that the said circular is binding in law on the adjudicating authority under the TNGST Act. - SC</description>
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      <description>Benefit of the sales tax deferral scheme - it is not the case of the Revenue that circular dated May 1, 2000 is in conflict with either any statutory provision or the deferral schemes announced under the aforementioned Government orders. We, therefore, hold that the said circular is binding in law on the adjudicating authority under the TNGST Act. - SC</description>
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