https://www.taxtmi.com/caselaws?id=330421 Interest under Section 8(1) of the U.P. Trade Tax Act, 1948 is a statutory consequence of unpaid tax and cannot be denied on the basis of bona fide belief or absence of mala fides. The liability arises from default, not from the taxpayer's intention, so equitable considerations do not displace the interest charge. Form C remains a mandatory requirement for claiming concessional treatment under the Central Sales Tax Act, 1956, and relief cannot be granted where the prescribed declaration is not furnished. The revision was allowed and the revenue's position was upheld on both issues. en-us Tue, 12 Jul 2016 00:00:00 +0530 Mon, 25 Jul 2016 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330421 Interest under Section 8(1) of the U.P. Trade Tax Act, 1948 is a statutory consequence of unpaid tax and cannot be denied on the basis of bona fide belief or absence of mala fides. The liability arises from default, not from the taxpayer's intention, so equitable considerations do not displace the interest charge. Form C remains a mandatory requirement for claiming concessional treatment under the Central Sales Tax Act, 1956, and relief cannot be granted where the prescribed declaration is not furnished. The revision was allowed and the revenue's position was upheld on both issues. Case-Laws VAT and Sales Tax Tue, 12 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330421