https://www.taxtmi.com/caselaws?id=162286 The remission power under section 13(2-A) of the Karnataka Sales Tax Act, 1957 is confined to the assessee in default or another person legally liable for the statutory levy. An auction purchaser of a defaulter's property, even if the property is subject to the State's prior charge and the purchaser holds sale proceeds, is not within that class. The Court reasoned that the interest or penalty under section 13(2)(ii) remains the defaulter's liability, and extending section 13(2-A) to an auction purchaser would enlarge the provision beyond its terms. The petitioner-bank therefore had no locus to seek waiver or reduction of the levy. en-us Wed, 28 Jan 2004 00:00:00 +0530 Sat, 22 Feb 2014 13:45:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162286 The remission power under section 13(2-A) of the Karnataka Sales Tax Act, 1957 is confined to the assessee in default or another person legally liable for the statutory levy. An auction purchaser of a defaulter's property, even if the property is subject to the State's prior charge and the purchaser holds sale proceeds, is not within that class. The Court reasoned that the interest or penalty under section 13(2)(ii) remains the defaulter's liability, and extending section 13(2-A) to an auction purchaser would enlarge the provision beyond its terms. The petitioner-bank therefore had no locus to seek waiver or reduction of the levy. Case-Laws VAT and Sales Tax Wed, 28 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162286