https://www.taxtmi.com/caselaws?id=161214 The Tribunal allowed the writ petitions challenging the orders of the Commercial Taxes Officer for levying interest under section 11B of the Rajasthan Sales Tax Act, 1954. It held that the interest levied based on an earlier Supreme Court decision, subsequently overruled, was not sustainable. The Tribunal directed the refund of interest amounts collected, with 12% interest, under both Acts within six months from the judgment date, emphasizing adherence to the latest legal interpretations in tax matters. en-us Tue, 15 Apr 1997 00:00:00 +0530 Thu, 09 Jan 2014 17:44:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161214 The Tribunal allowed the writ petitions challenging the orders of the Commercial Taxes Officer for levying interest under section 11B of the Rajasthan Sales Tax Act, 1954. It held that the interest levied based on an earlier Supreme Court decision, subsequently overruled, was not sustainable. The Tribunal directed the refund of interest amounts collected, with 12% interest, under both Acts within six months from the judgment date, emphasizing adherence to the latest legal interpretations in tax matters. Case-Laws VAT and Sales Tax Tue, 15 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161214