https://www.taxtmi.com/caselaws?id=171896 An arbitral award was upheld where the arbitrator reasoned that sale value and sales tax were distinct items, compensation could be claimed only for delay in payment of sale value, and compensation on sales tax was not contractually sustainable. The court found the documentary record supported the conclusion that the claimants were not liable for sales tax in the manner asserted by the objectors. As the objections failed to show manifest perversity, illegality, misconduct, or an error apparent on the face of the record, the challenge was rejected and the award was made rule of the court. en-us Wed, 30 Jul 1997 00:00:00 +0530 Sat, 08 Aug 2015 12:45:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171896 An arbitral award was upheld where the arbitrator reasoned that sale value and sales tax were distinct items, compensation could be claimed only for delay in payment of sale value, and compensation on sales tax was not contractually sustainable. The court found the documentary record supported the conclusion that the claimants were not liable for sales tax in the manner asserted by the objectors. As the objections failed to show manifest perversity, illegality, misconduct, or an error apparent on the face of the record, the challenge was rejected and the award was made rule of the court. Case-Laws Indian Laws Wed, 30 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171896