https://www.taxtmi.com/caselaws?id=167726 Opium grown by cultivators on behalf of the Narcotics Department was held taxable under the U.P. Trade Tax Act, 1948, because the transaction fell within the binding precedent treating such opium dealings as exigible to trade tax; the cultivators' arrangement did not remove it from the taxing provision. Interest on delayed payment under section 8(1) was also treated as mandatory, with the statutory consequence following once tax was payable and no judicial waiver available. The Department's revisions succeeded on taxability, while the revisions seeking waiver of interest failed. en-us Tue, 08 Jan 2013 00:00:00 +0530 Sat, 03 Jan 2015 15:03:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167726 Opium grown by cultivators on behalf of the Narcotics Department was held taxable under the U.P. Trade Tax Act, 1948, because the transaction fell within the binding precedent treating such opium dealings as exigible to trade tax; the cultivators' arrangement did not remove it from the taxing provision. Interest on delayed payment under section 8(1) was also treated as mandatory, with the statutory consequence following once tax was payable and no judicial waiver available. The Department's revisions succeeded on taxability, while the revisions seeking waiver of interest failed. Case-Laws VAT and Sales Tax Tue, 08 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167726