https://www.taxtmi.com/caselaws?id=403115 A dealer not entitled to the composition scheme cannot claim it merely by filing Form L, because eligibility depends on falling within the statutory class permitted to opt for compounded taxation. Where tax was assessed at a lower inapplicable rate, reassessment and demand of differential tax were upheld. On interest, the court held that statutory interest could be moderated for the period during which the writ petitions remained pending, applying proportionality and the principle that no party should suffer from delay attributable to the judicial process. Interest was therefore retained for the periods before filing and after disposal, but reduced for the pendency period. en-us Mon, 18 Jan 2021 00:00:00 +0530 Wed, 20 Jan 2021 13:47:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403115 A dealer not entitled to the composition scheme cannot claim it merely by filing Form L, because eligibility depends on falling within the statutory class permitted to opt for compounded taxation. Where tax was assessed at a lower inapplicable rate, reassessment and demand of differential tax were upheld. On interest, the court held that statutory interest could be moderated for the period during which the writ petitions remained pending, applying proportionality and the principle that no party should suffer from delay attributable to the judicial process. Interest was therefore retained for the periods before filing and after disposal, but reduced for the pendency period. Case-Laws VAT and Sales Tax Mon, 18 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403115