https://www.taxtmi.com/caselaws?id=163116 The court upheld the Tribunal's decision, ruling that the assessee was liable to pay interest under Section 23(3) of the Kerala General Sales Tax Act from the due date of filing returns. The court found that the assessee's failure to comply with statutory requirements by claiming a concessional tax rate without necessary declarations triggered the interest liability. The court distinguished the case from Maruti Wire Industries Pvt. Ltd. v. Sales Tax Officer, emphasizing that interest could be levied for non-compliance even if returns were filed. The tax revision petition was rejected, and each party was directed to bear their own costs. en-us Mon, 07 Apr 2008 00:00:00 +0530 Tue, 09 Dec 2014 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163116 The court upheld the Tribunal's decision, ruling that the assessee was liable to pay interest under Section 23(3) of the Kerala General Sales Tax Act from the due date of filing returns. The court found that the assessee's failure to comply with statutory requirements by claiming a concessional tax rate without necessary declarations triggered the interest liability. The court distinguished the case from Maruti Wire Industries Pvt. Ltd. v. Sales Tax Officer, emphasizing that interest could be levied for non-compliance even if returns were filed. The tax revision petition was rejected, and each party was directed to bear their own costs. Case-Laws VAT and Sales Tax Mon, 07 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163116