https://www.taxtmi.com/caselaws?id=357666 The court allowed the petitions in part, confirming the demand for the refunded tax amount. The commissioner's circular was read down, stating that the levy of penalty/interest is not automatic. An opportunity of hearing is mandatory before levying penalty/interest. The matters were remanded to the prescribed authority to provide an opportunity of hearing regarding the levy of interest and to pass appropriate orders in quantifying the interest amount in accordance with the law. en-us Thu, 08 Mar 2018 00:00:00 +0530 Wed, 19 Aug 2020 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357666 The court allowed the petitions in part, confirming the demand for the refunded tax amount. The commissioner's circular was read down, stating that the levy of penalty/interest is not automatic. An opportunity of hearing is mandatory before levying penalty/interest. The matters were remanded to the prescribed authority to provide an opportunity of hearing regarding the levy of interest and to pass appropriate orders in quantifying the interest amount in accordance with the law. Case-Laws VAT and Sales Tax Thu, 08 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357666