https://www.taxtmi.com/caselaws?id=163236 A sales tax deferral scheme dispute concerned interest on belated payment of base level tax and whether waiver deserved sympathetic consideration. The Court noted that the earlier deferral certificates and agreements did not expressly require maintenance of base level payment, and no separate amendment or intimation was issued to impose that obligation after the later Government Order. Applying a purposive construction, it balanced industrial incentive objectives against the State's revenue interest and found that the assessee's bona fide doubt and the absence of a clear stipulation justified positive consideration of waiver by the Government. The assessee was allowed to seek waiver before the Commercial Taxes Department, with no coercive action meanwhile. en-us Thu, 04 Oct 2007 00:00:00 +0530 Mon, 22 Dec 2014 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163236 A sales tax deferral scheme dispute concerned interest on belated payment of base level tax and whether waiver deserved sympathetic consideration. The Court noted that the earlier deferral certificates and agreements did not expressly require maintenance of base level payment, and no separate amendment or intimation was issued to impose that obligation after the later Government Order. Applying a purposive construction, it balanced industrial incentive objectives against the State's revenue interest and found that the assessee's bona fide doubt and the absence of a clear stipulation justified positive consideration of waiver by the Government. The assessee was allowed to seek waiver before the Commercial Taxes Department, with no coercive action meanwhile. Case-Laws VAT and Sales Tax Thu, 04 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163236