https://www.taxtmi.com/caselaws?id=252717 Interest under the Central sales tax regime is compensatory and depends on when the tax liability legally crystallises. Where no C-form declaration is furnished and the dealer accepts the liability, interest runs from the date the tax ought to have been paid with the return, because assessment only quantifies an existing liability. Where a C-form declaration is filed but later found defective, the entitlement to concessional treatment remains unresolved until assessment rejects the declaration, so interest on the higher tax arises only from that adjudication date and not from the return date. en-us Thu, 12 Jun 2014 00:00:00 +0530 Sat, 17 Oct 2015 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=252717 Interest under the Central sales tax regime is compensatory and depends on when the tax liability legally crystallises. Where no C-form declaration is furnished and the dealer accepts the liability, interest runs from the date the tax ought to have been paid with the return, because assessment only quantifies an existing liability. Where a C-form declaration is filed but later found defective, the entitlement to concessional treatment remains unresolved until assessment rejects the declaration, so interest on the higher tax arises only from that adjudication date and not from the return date. Case-Laws VAT and Sales Tax Thu, 12 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=252717