https://www.taxtmi.com/caselaws?id=169052 Excess State sales tax payment may be adjusted against a short credit of Central sales tax where the tax amounts were deposited concurrently, the gross tax due was not short, and the government suffered no monetary loss. The Calcutta HC noted that both taxes ultimately reached the consolidated fund, distinguished the Mysore ruling as limited to adjustment within State sales tax, and relied on a Central Government circular recognising credits made under the wrong sales tax law. On those facts, technical insistence on separate challan treatment was unwarranted, and adjustment or set-off was permissible without interest or penalty. en-us Fri, 19 Sep 2014 00:00:00 +0530 Mon, 06 Apr 2015 21:08:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169052 Excess State sales tax payment may be adjusted against a short credit of Central sales tax where the tax amounts were deposited concurrently, the gross tax due was not short, and the government suffered no monetary loss. The Calcutta HC noted that both taxes ultimately reached the consolidated fund, distinguished the Mysore ruling as limited to adjustment within State sales tax, and relied on a Central Government circular recognising credits made under the wrong sales tax law. On those facts, technical insistence on separate challan treatment was unwarranted, and adjustment or set-off was permissible without interest or penalty. Case-Laws VAT and Sales Tax Fri, 19 Sep 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169052