https://www.taxtmi.com/caselaws?id=364460 Section 55C of the Kerala General Sales Tax Act, 1963 was treated as a clarificatory appropriation rule and applied to payments made on or after 01.01.2000, regardless of the assessment year to which the arrears related; amounts paid had to be adjusted first towards interest and then towards principal dues. Interest under Section 23(3) was described as arising automatically when tax or other assessed sums were not paid within the prescribed time, so no separate demand or express quantification in the assessment order was required, and completion of assessment within limitation did not remove the statutory liability. The revisional and appellate orders were sustained. en-us Wed, 11 Jul 2018 00:00:00 +0530 Tue, 31 Jul 2018 07:43:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364460 Section 55C of the Kerala General Sales Tax Act, 1963 was treated as a clarificatory appropriation rule and applied to payments made on or after 01.01.2000, regardless of the assessment year to which the arrears related; amounts paid had to be adjusted first towards interest and then towards principal dues. Interest under Section 23(3) was described as arising automatically when tax or other assessed sums were not paid within the prescribed time, so no separate demand or express quantification in the assessment order was required, and completion of assessment within limitation did not remove the statutory liability. The revisional and appellate orders were sustained. Case-Laws VAT and Sales Tax Wed, 11 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364460