https://www.taxtmi.com/caselaws?id=162948 Interest was leviable on tax that became due after the assessee crossed the exemption limit but failed to disclose the correct turnover or remit tax in time. The Kerala HC applied section 23(3) of the Kerala General Sales Tax Act, 1963, and noted that section 23(3A) also fastens interest where turnover is omitted from the return or escapes assessment, from the date tax should have fallen due. A belated revised return did not suspend or erase the accrued liability, because the dealer had a continuing duty to file a true return and pay tax on the expiry of exemption. The levy of interest was upheld. en-us Mon, 03 Apr 2006 00:00:00 +0530 Wed, 19 Mar 2014 12:30:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=162948 Interest was leviable on tax that became due after the assessee crossed the exemption limit but failed to disclose the correct turnover or remit tax in time. The Kerala HC applied section 23(3) of the Kerala General Sales Tax Act, 1963, and noted that section 23(3A) also fastens interest where turnover is omitted from the return or escapes assessment, from the date tax should have fallen due. A belated revised return did not suspend or erase the accrued liability, because the dealer had a continuing duty to file a true return and pay tax on the expiry of exemption. The levy of interest was upheld. Case-Laws VAT and Sales Tax Mon, 03 Apr 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=162948