https://www.taxtmi.com/caselaws?id=263859 Interest under Section 47(4A) of the Gujarat Sales Tax Act was held not leviable where the assessee had already remitted the tax shown in the returns before the assessment order and the liability had not been finally determined. The provision was applied on the basis that interest is attracted only when tax payable under the statutory scheme remains unpaid and a default exists. Since the return had not been rejected or disapproved before payment, the later assessment did not create a prior default, and the interest levy could not be sustained. en-us Thu, 09 Jul 2015 00:00:00 +0530 Fri, 11 Sep 2015 08:00:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263859 Interest under Section 47(4A) of the Gujarat Sales Tax Act was held not leviable where the assessee had already remitted the tax shown in the returns before the assessment order and the liability had not been finally determined. The provision was applied on the basis that interest is attracted only when tax payable under the statutory scheme remains unpaid and a default exists. Since the return had not been rejected or disapproved before payment, the later assessment did not create a prior default, and the interest levy could not be sustained. Case-Laws VAT and Sales Tax Thu, 09 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263859