https://www.taxtmi.com/caselaws?id=330175 Interest under section 47(4A) of the Gujarat Sales Tax Act must be read harmoniously: where the dealer pays the tax before the assessment order, interest on the unpaid differential amount runs only up to the date of actual payment, while the assessment-stage clause applies only to amounts still unpaid. The Tribunal's view on interest was upheld. The Tribunal's discretionary reduction of penalty under section 45(6) to 10% on the basis of a bona fide explanation was also upheld, as it rested on appreciation of facts and did not raise a substantial question of law. en-us Fri, 18 Mar 2016 00:00:00 +0530 Tue, 19 Jul 2016 23:26:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330175 Interest under section 47(4A) of the Gujarat Sales Tax Act must be read harmoniously: where the dealer pays the tax before the assessment order, interest on the unpaid differential amount runs only up to the date of actual payment, while the assessment-stage clause applies only to amounts still unpaid. The Tribunal's view on interest was upheld. The Tribunal's discretionary reduction of penalty under section 45(6) to 10% on the basis of a bona fide explanation was also upheld, as it rested on appreciation of facts and did not raise a substantial question of law. Case-Laws VAT and Sales Tax Fri, 18 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330175