https://www.taxtmi.com/caselaws?id=245857 A dealer who voluntarily opted for the composition scheme under Section 7-D of the U.P. Trade Tax Act, 1948 was not entitled to refund or proportionate reduction of composition money merely because production began later in the year. The scheme treated tax liability as a lump-sum obligation for the agreed period and governed it strictly by the accepted terms and agreement. Where the scheme expressly excluded reduction for late commencement of production or non-production for part of the year, liability was not tied to actual turnover. Accordingly, the refund claim was held not maintainable and the refusal of refund was upheld. en-us Wed, 26 Mar 2014 00:00:00 +0530 Tue, 21 Jul 2015 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245857 A dealer who voluntarily opted for the composition scheme under Section 7-D of the U.P. Trade Tax Act, 1948 was not entitled to refund or proportionate reduction of composition money merely because production began later in the year. The scheme treated tax liability as a lump-sum obligation for the agreed period and governed it strictly by the accepted terms and agreement. Where the scheme expressly excluded reduction for late commencement of production or non-production for part of the year, liability was not tied to actual turnover. Accordingly, the refund claim was held not maintainable and the refusal of refund was upheld. Case-Laws VAT and Sales Tax Wed, 26 Mar 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245857