https://www.taxtmi.com/caselaws?id=164729 The court held that the petitioner, a fireworks manufacturer, agreed to the recovery of sales tax deferment as a loan repayable to the Government under the Interest-free Sales Tax Deferral Scheme. The court dismissed the petitioner's argument that the amount was not subject to the Revenue Recovery Act, citing the agreement's provision allowing recovery as arrears of land revenue. It upheld the jurisdiction to invoke section 25 of the Revenue Recovery Act for sales tax recovery, emphasizing the validity of the recovery mechanism agreed upon in the executed agreement. The court dismissed the petitions, affirming the legality of invoking the Revenue Recovery Act for sales tax dues. 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 The court held that the petitioner, a fireworks manufacturer, agreed to the recovery of sales tax deferment as a loan repayable to the Government under the Interest-free Sales Tax Deferral Scheme. The court dismissed the petitioner's argument that the amount was not subject to the Revenue Recovery Act, citing the agreement's provision allowing recovery as arrears of land revenue. It upheld the jurisdiction to invoke section 25 of the Revenue Recovery Act for sales tax recovery, emphasizing the validity of the recovery mechanism agreed upon in the executed agreement. The court dismissed the petitions, affirming the legality of invoking the Revenue Recovery Act for sales tax dues. Case-Laws VAT and Sales Tax Fri, 07 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164729