https://www.taxtmi.com/caselaws?id=163807 Interest on a refunded entry tax deposit is payable in tax matters only when authorised by the statute, an agreement, or another recognised rule of law. The Interest Act, 1978 did not assist because the claim was not based on any existing legal entitlement to interest under the entry tax framework, and section 4(2)(b) was inapplicable because no fiduciary relationship arose from a voluntary remittance made to secure registration. Where the taxpayer itself requested the tax calculation and paid the amount without a prior departmental demand, the deposit is voluntary and interest cannot be claimed on equitable grounds. en-us Fri, 05 Oct 2007 00:00:00 +0530 Sun, 21 Dec 2014 22:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163807 Interest on a refunded entry tax deposit is payable in tax matters only when authorised by the statute, an agreement, or another recognised rule of law. The Interest Act, 1978 did not assist because the claim was not based on any existing legal entitlement to interest under the entry tax framework, and section 4(2)(b) was inapplicable because no fiduciary relationship arose from a voluntary remittance made to secure registration. Where the taxpayer itself requested the tax calculation and paid the amount without a prior departmental demand, the deposit is voluntary and interest cannot be claimed on equitable grounds. Case-Laws VAT and Sales Tax Fri, 05 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163807