https://www.taxtmi.com/caselaws?id=252277 The Supreme Court allowed the appeal, setting aside the High Court's judgment on the confirmation of additional tax imposition under section 5D of the Kerala General Sales Tax Act, 1963. The Court held that dealers opting for compounded tax payment under section 7 are not liable to pay additional tax under section 5D, as it is a bilateral agreement to avoid regular assessment. The assessing authority was directed to refund the additional tax paid by the appellant for specific months, with interest if the refund was delayed, clarifying the application of tax provisions under the KGST Act. en-us Thu, 09 Jan 2014 00:00:00 +0530 Mon, 10 Dec 2018 16:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252277 The Supreme Court allowed the appeal, setting aside the High Court's judgment on the confirmation of additional tax imposition under section 5D of the Kerala General Sales Tax Act, 1963. The Court held that dealers opting for compounded tax payment under section 7 are not liable to pay additional tax under section 5D, as it is a bilateral agreement to avoid regular assessment. The assessing authority was directed to refund the additional tax paid by the appellant for specific months, with interest if the refund was delayed, clarifying the application of tax provisions under the KGST Act. Case-Laws VAT and Sales Tax Thu, 09 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252277