https://www.taxtmi.com/caselaws?id=258689 Interest was held payable on delayed tax payment where the assessee paid tax at a lower rate than the rate then applicable after the earlier concessional notification had been rescinded. Section 25(5) of the Haryana General Sales Tax Act made interest a mandatory consequence of tax default, and Section 9(2) of the Central Sales Tax Act permitted recovery through the State machinery. The assessee's plea of bona fide mistake and its status as a public sector undertaking did not create any exception to this statutory liability, so the default attracted interest. en-us Thu, 27 Nov 2014 00:00:00 +0530 Fri, 17 Apr 2015 08:17:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258689 Interest was held payable on delayed tax payment where the assessee paid tax at a lower rate than the rate then applicable after the earlier concessional notification had been rescinded. Section 25(5) of the Haryana General Sales Tax Act made interest a mandatory consequence of tax default, and Section 9(2) of the Central Sales Tax Act permitted recovery through the State machinery. The assessee's plea of bona fide mistake and its status as a public sector undertaking did not create any exception to this statutory liability, so the default attracted interest. Case-Laws VAT and Sales Tax Thu, 27 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258689