https://www.taxtmi.com/caselaws?id=163726 Under the U.P. Trade Tax Act, 1948 and section 15(c) of the Central Sales Tax Act, 1956, a dealer who paid tax as the first purchaser of paddy was entitled only to adjustment of that tax against the tax payable on rice, not to an independent refund. After such adjustment, any amount recovered from the buyer in excess of the tax payable on rice was not refundable to the dealer and was liable to forfeiture under section 29(2), while section 29(3) provided refund to the buyer. The excess amount was therefore rightly forfeited. en-us Thu, 07 Dec 2006 00:00:00 +0530 Tue, 08 Apr 2014 12:33:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163726 Under the U.P. Trade Tax Act, 1948 and section 15(c) of the Central Sales Tax Act, 1956, a dealer who paid tax as the first purchaser of paddy was entitled only to adjustment of that tax against the tax payable on rice, not to an independent refund. After such adjustment, any amount recovered from the buyer in excess of the tax payable on rice was not refundable to the dealer and was liable to forfeiture under section 29(2), while section 29(3) provided refund to the buyer. The excess amount was therefore rightly forfeited. Case-Laws VAT and Sales Tax Thu, 07 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163726