https://www.taxtmi.com/caselaws?id=348220 The court dismissed the petition seeking exemption from central sales tax and refund of tax already paid, citing the petitioner's failure to comply with formalities and continuous payment of tax at 4%. Despite being entitled to benefits under the Industrial Policy 2003, the petitioner's non-compliance with necessary requirements led to the inability to avail the concessional rate of central sales tax. The court emphasized the principle of unjust enrichment, stating that allowing the petitioner to retain the tax collected from buyers would be inequitable. Therefore, the court ruled against the petitioner's claim for exemption and refund of central sales tax. en-us Fri, 18 Aug 2017 00:00:00 +0530 Tue, 19 Sep 2017 09:49:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=348220 The court dismissed the petition seeking exemption from central sales tax and refund of tax already paid, citing the petitioner's failure to comply with formalities and continuous payment of tax at 4%. Despite being entitled to benefits under the Industrial Policy 2003, the petitioner's non-compliance with necessary requirements led to the inability to avail the concessional rate of central sales tax. The court emphasized the principle of unjust enrichment, stating that allowing the petitioner to retain the tax collected from buyers would be inequitable. Therefore, the court ruled against the petitioner's claim for exemption and refund of central sales tax. Case-Laws VAT and Sales Tax Fri, 18 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=348220