https://www.taxtmi.com/caselaws?id=263859 The Gujarat High Court interpreted Section 47(4A) of the Gujarat Sales Tax Act, 1969, regarding interest on delayed tax payments. Assessors were not liable to pay interest under clause (a) of Section 47(4A) for making ad-hoc tax payments before assessment, based on previous legal precedents. The Court ruled in favor of the assessors, quashing the orders of the Gujarat Value Added Tax Tribunal and determining that interest would not be imposed on them under the specified section. The Court's decision clarified the obligations of assessors in relation to interest payments on tax liabilities. 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 The Gujarat High Court interpreted Section 47(4A) of the Gujarat Sales Tax Act, 1969, regarding interest on delayed tax payments. Assessors were not liable to pay interest under clause (a) of Section 47(4A) for making ad-hoc tax payments before assessment, based on previous legal precedents. The Court ruled in favor of the assessors, quashing the orders of the Gujarat Value Added Tax Tribunal and determining that interest would not be imposed on them under the specified section. The Court's decision clarified the obligations of assessors in relation to interest payments on tax liabilities. Case-Laws VAT and Sales Tax Thu, 09 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263859