https://www.taxtmi.com/caselaws?id=164879 Supply of materials by CPWD to contractors for construction was treated as a taxable sale under the Rajasthan Sales Tax Act because the Supreme Court had already declared such transfer to be sale under the local sales tax law. The tax demand was therefore upheld. Interest and penalty for delayed payment, however, were not sustained because the Supreme Court ruling did not expressly grant retrospective effect for those consequences, and the assessment order came after that ruling. In the absence of a clear retrospective mandate, the quashing of interest and penalty was maintained. en-us Wed, 15 Apr 2009 00:00:00 +0530 Tue, 11 Nov 2014 11:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164879 Supply of materials by CPWD to contractors for construction was treated as a taxable sale under the Rajasthan Sales Tax Act because the Supreme Court had already declared such transfer to be sale under the local sales tax law. The tax demand was therefore upheld. Interest and penalty for delayed payment, however, were not sustained because the Supreme Court ruling did not expressly grant retrospective effect for those consequences, and the assessment order came after that ruling. In the absence of a clear retrospective mandate, the quashing of interest and penalty was maintained. Case-Laws VAT and Sales Tax Wed, 15 Apr 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164879