https://www.taxtmi.com/caselaws?id=164690 Where exemption from sales tax is claimed on the basis of forms later found to be forged, the exemption fails and the tax on the underlying purchases becomes an admitted liability under the U.P. Sales Tax Act. On that footing, statutory interest is payable on the unpaid tax amount under section 8(1), because forged or fictitious documents confer no legal benefit. The Allahabad HC applied the prior view that failure to furnish valid forms leaves the dealer liable for both tax and interest. The Tribunal's deletion of the interest demand was therefore held incorrect. en-us Tue, 08 Jul 2008 00:00:00 +0530 Thu, 04 Dec 2014 19:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164690 Where exemption from sales tax is claimed on the basis of forms later found to be forged, the exemption fails and the tax on the underlying purchases becomes an admitted liability under the U.P. Sales Tax Act. On that footing, statutory interest is payable on the unpaid tax amount under section 8(1), because forged or fictitious documents confer no legal benefit. The Allahabad HC applied the prior view that failure to furnish valid forms leaves the dealer liable for both tax and interest. The Tribunal's deletion of the interest demand was therefore held incorrect. Case-Laws VAT and Sales Tax Tue, 08 Jul 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164690