https://www.taxtmi.com/caselaws?id=162748 Under the deferment scheme, eligibility certificate once issued was treated as relating back to the date industrial production commenced, so the benefit covered the entire eligible period rather than only the period after issuance. The assessee was therefore entitled to refund of sales tax already paid for the pre-certificate period within the seven-year entitlement, and the department was not entitled to retain tax collected during that intervening period. Statutory interest was also payable from the date the amount was wrongly retained until refund or adjustment, subject to adjustment of any outstanding dues before release of the balance. en-us Mon, 02 Aug 2004 00:00:00 +0530 Thu, 13 Mar 2014 16:16:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162748 Under the deferment scheme, eligibility certificate once issued was treated as relating back to the date industrial production commenced, so the benefit covered the entire eligible period rather than only the period after issuance. The assessee was therefore entitled to refund of sales tax already paid for the pre-certificate period within the seven-year entitlement, and the department was not entitled to retain tax collected during that intervening period. Statutory interest was also payable from the date the amount was wrongly retained until refund or adjustment, subject to adjustment of any outstanding dues before release of the balance. Case-Laws VAT and Sales Tax Mon, 02 Aug 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162748