https://www.taxtmi.com/caselaws?id=161293 Under the Tamil Nadu Sales Tax (Settlement of Disputes) Act, 2002, prepayments of tax, penalty or interest made before a settlement application must be given credit against the amount determined under sections 6(1) and 7. The text states that such credit is not confined to the original head of payment, so excess tax can be adjusted towards a penalty shortfall within the settlement scheme. It also notes that, in light of the earlier striking down of section 6(4) as violative of article 14, excess payment continues to belong to the applicant and may be refunded or adjusted against any statutory liability payable under the scheme. en-us Wed, 06 Aug 2003 00:00:00 +0530 Wed, 15 Jan 2014 10:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=161293 Under the Tamil Nadu Sales Tax (Settlement of Disputes) Act, 2002, prepayments of tax, penalty or interest made before a settlement application must be given credit against the amount determined under sections 6(1) and 7. The text states that such credit is not confined to the original head of payment, so excess tax can be adjusted towards a penalty shortfall within the settlement scheme. It also notes that, in light of the earlier striking down of section 6(4) as violative of article 14, excess payment continues to belong to the applicant and may be refunded or adjusted against any statutory liability payable under the scheme. Case-Laws VAT and Sales Tax Wed, 06 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=161293