https://www.taxtmi.com/caselaws?id=261225 Under the Andhra Pradesh Sales Tax (Settlement of Disputes) Act, 2001, issuance of a settlement certificate under Form III discharged the applicant from the balance liability for the disputed tax, penalty or interest. The scheme was intended to conclude the dispute finally and conclusively, and in the absence of an express provision authorising later recovery, no fresh demand for interest on the settled amount could be raised after settlement. Fresh demand notices issued for such interest were therefore unsustainable and were quashed by the Andhra Pradesh HC in favour of the assessee. en-us Tue, 10 Mar 2015 00:00:00 +0530 Wed, 21 Oct 2015 12:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261225 Under the Andhra Pradesh Sales Tax (Settlement of Disputes) Act, 2001, issuance of a settlement certificate under Form III discharged the applicant from the balance liability for the disputed tax, penalty or interest. The scheme was intended to conclude the dispute finally and conclusively, and in the absence of an express provision authorising later recovery, no fresh demand for interest on the settled amount could be raised after settlement. Fresh demand notices issued for such interest were therefore unsustainable and were quashed by the Andhra Pradesh HC in favour of the assessee. Case-Laws VAT and Sales Tax Tue, 10 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261225