https://www.taxtmi.com/caselaws?id=358254 Interest under section 18(4)(a) of the M. P. V. A. T. Act was held not leviable where the dealer paid tax due with the return within time and a further demand arose only on reassessment. The provision was construed as applying only to the specific statutory contingencies of default covered by its language, not to an assessee who had complied with the return-based payment obligation and was later found liable for an additional amount on assessment. As no default within the scope of section 18(4)(a) existed, the interest demand and recovery were quashed. en-us Thu, 23 Nov 2017 00:00:00 +0530 Thu, 13 Sep 2018 14:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358254 Interest under section 18(4)(a) of the M. P. V. A. T. Act was held not leviable where the dealer paid tax due with the return within time and a further demand arose only on reassessment. The provision was construed as applying only to the specific statutory contingencies of default covered by its language, not to an assessee who had complied with the return-based payment obligation and was later found liable for an additional amount on assessment. As no default within the scope of section 18(4)(a) existed, the interest demand and recovery were quashed. Case-Laws VAT and Sales Tax Thu, 23 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358254