https://www.taxtmi.com/caselaws?id=158374 Interest under section 24(3) of the Tamil Nadu General Sales Tax Act, 1959 is payable only on tax that has become due and remains unpaid. Where a return is accepted, the admitted tax becomes immediately payable; where the return is incomplete or incorrect and not accepted, the assessing authority must first determine liability by best judgment under section 13(3), and interest runs only after such quantified liability arises. Here, the returns claiming deferral benefit were not accepted and no section 13(3) assessment was made during the relevant period, so interest could not be demanded for the period before the assessment order. The impugned demand was unsustainable. en-us Mon, 18 Mar 1996 00:00:00 +0530 Tue, 22 Oct 2013 17:00:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158374 Interest under section 24(3) of the Tamil Nadu General Sales Tax Act, 1959 is payable only on tax that has become due and remains unpaid. Where a return is accepted, the admitted tax becomes immediately payable; where the return is incomplete or incorrect and not accepted, the assessing authority must first determine liability by best judgment under section 13(3), and interest runs only after such quantified liability arises. Here, the returns claiming deferral benefit were not accepted and no section 13(3) assessment was made during the relevant period, so interest could not be demanded for the period before the assessment order. The impugned demand was unsustainable. Case-Laws VAT and Sales Tax Mon, 18 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158374