https://www.taxtmi.com/caselaws?id=159630 Amounts taken by a dealer as refundable contingency deposits during the operation of a stay order do not amount to collection by way of tax or purporting to be tax where they are to be adjusted or returned depending on the taxability of the transaction. Section 18 of the Karnataka Sales Tax Act, 1957 applies only to excess or unauthorised tax collection, and Sections 18-A and 18-AA operate only when that contravention exists. Money held in a fiduciary capacity as a custodian or trustee is not treated as tax collection. On that basis, Section 18-AA was not attracted and the demand orders were quashed. en-us Wed, 12 Aug 1998 00:00:00 +0530 Thu, 28 Nov 2013 15:49:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159630 Amounts taken by a dealer as refundable contingency deposits during the operation of a stay order do not amount to collection by way of tax or purporting to be tax where they are to be adjusted or returned depending on the taxability of the transaction. Section 18 of the Karnataka Sales Tax Act, 1957 applies only to excess or unauthorised tax collection, and Sections 18-A and 18-AA operate only when that contravention exists. Money held in a fiduciary capacity as a custodian or trustee is not treated as tax collection. On that basis, Section 18-AA was not attracted and the demand orders were quashed. Case-Laws VAT and Sales Tax Wed, 12 Aug 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159630