https://www.taxtmi.com/caselaws?id=164729 Deferred sales tax converted into an interest-free government loan under the deferral scheme remained recoverable through the Revenue Recovery Act because the assessee's agreement expressly provided for recovery on default in that manner. The scheme deemed the tax to have been paid and required execution of an agreement; reading both together, the liability did not cease to be enforceable merely because it was treated as a loan. The challenge that section 25 of the Revenue Recovery Act could not be used was rejected, and the recovery notice was upheld. en-us Fri, 07 Aug 2009 00:00:00 +0530 Mon, 03 Nov 2014 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164729 Deferred sales tax converted into an interest-free government loan under the deferral scheme remained recoverable through the Revenue Recovery Act because the assessee's agreement expressly provided for recovery on default in that manner. The scheme deemed the tax to have been paid and required execution of an agreement; reading both together, the liability did not cease to be enforceable merely because it was treated as a loan. The challenge that section 25 of the Revenue Recovery Act could not be used was rejected, and the recovery notice was upheld. Case-Laws VAT and Sales Tax Fri, 07 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164729