https://www.taxtmi.com/caselaws?id=158113 Penal interest under section 23(3) of the Kerala General Sales Tax Act accrues from the original notice of demand for the amount that remains payable after appellate reduction. The statutory scheme treats assessed tax as due within the time stated in the demand notice, and default triggers interest on the outstanding balance. Where assessment is reduced in appeal or revision, section 23(5) requires only proportionate reduction of interest, not a fresh demand. The original notice continues to govern recovery for the reduced liability, and a new notice is unnecessary solely because the assessment was modified on appeal. en-us Sat, 20 Nov 1993 00:00:00 +0530 Wed, 16 Oct 2013 18:24:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158113 Penal interest under section 23(3) of the Kerala General Sales Tax Act accrues from the original notice of demand for the amount that remains payable after appellate reduction. The statutory scheme treats assessed tax as due within the time stated in the demand notice, and default triggers interest on the outstanding balance. Where assessment is reduced in appeal or revision, section 23(5) requires only proportionate reduction of interest, not a fresh demand. The original notice continues to govern recovery for the reduced liability, and a new notice is unnecessary solely because the assessment was modified on appeal. Case-Laws VAT and Sales Tax Sat, 20 Nov 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158113