https://www.taxtmi.com/caselaws?id=160591 Section 23(3B) of the Kerala General Sales Tax Act was treated as a clarificatory interest provision, not an arbitrary levy, because interest on delayed tax payment was already embedded in section 23(3). The Court held that computing interest on the amount finally determined, without excluding the stay period during appeal or revision, did not violate Articles 14, 19(1)(g), 20, 21 or 301. It further held the amendment retrospective, applying to cases where recovery had been stayed, on the principles of restitution and public policy. The levy of interest for the stay period was therefore sustained. en-us Mon, 26 Mar 2001 00:00:00 +0530 Fri, 20 Dec 2013 15:34:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=160591 Section 23(3B) of the Kerala General Sales Tax Act was treated as a clarificatory interest provision, not an arbitrary levy, because interest on delayed tax payment was already embedded in section 23(3). The Court held that computing interest on the amount finally determined, without excluding the stay period during appeal or revision, did not violate Articles 14, 19(1)(g), 20, 21 or 301. It further held the amendment retrospective, applying to cases where recovery had been stayed, on the principles of restitution and public policy. The levy of interest for the stay period was therefore sustained. Case-Laws VAT and Sales Tax Mon, 26 Mar 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=160591