https://www.taxtmi.com/caselaws?id=166577 The High Court ruled in favor of the assessee, holding that the forfeiture of the tax amount collected from customers was not justified. The Court emphasized that the tax was collected under a mistake of law and that there is no time limit for refunding erroneously collected tax. Once the tax amount was refunded to the customer, the Court found that forfeiture could not be upheld. Consequently, the Court rejected the Tribunal's decision to uphold the forfeiture, concluding in favor of the assessee and disposing of the reference with no costs awarded. en-us Fri, 13 Aug 2010 00:00:00 +0530 Mon, 06 Oct 2014 18:39:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=166577 The High Court ruled in favor of the assessee, holding that the forfeiture of the tax amount collected from customers was not justified. The Court emphasized that the tax was collected under a mistake of law and that there is no time limit for refunding erroneously collected tax. Once the tax amount was refunded to the customer, the Court found that forfeiture could not be upheld. Consequently, the Court rejected the Tribunal's decision to uphold the forfeiture, concluding in favor of the assessee and disposing of the reference with no costs awarded. Case-Laws VAT and Sales Tax Fri, 13 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=166577