https://www.taxtmi.com/caselaws?id=404804 Where sales were disclosed in monthly returns, a mere dispute over Form C/Form H eligibility or the applicable tax rate did not amount to turnover suppression under the agreement, so the deferral benefit could not be denied on that basis alone. The Court also noted that penal interest based on a contested liability could not be demanded mechanically without prior notice, a reasoned order, and an opportunity of hearing where the dealer disputed the very foundation of the demand. The notice demanding penal interest was quashed and the matter remitted for fresh consideration after objections and hearing. en-us Thu, 25 Feb 2021 00:00:00 +0530 Thu, 04 Mar 2021 08:27:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404804 Where sales were disclosed in monthly returns, a mere dispute over Form C/Form H eligibility or the applicable tax rate did not amount to turnover suppression under the agreement, so the deferral benefit could not be denied on that basis alone. The Court also noted that penal interest based on a contested liability could not be demanded mechanically without prior notice, a reasoned order, and an opportunity of hearing where the dealer disputed the very foundation of the demand. The notice demanding penal interest was quashed and the matter remitted for fresh consideration after objections and hearing. Case-Laws VAT and Sales Tax Thu, 25 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404804