https://www.taxtmi.com/caselaws?id=446425 For parcel sales of IMFL by FL3/FL11 licensees during the COVID-19 period, the later notification was treated as clarifying the applicable turnover tax rate at 5% for the specified periods, and the Cabinet-approved extension of time governed compliance for those affected sales. On that basis, payment of turnover tax on or before 30.04.2022 was treated as timely where the return was filed by 31.03.2022, and no interest was payable in such cases. If the return was not filed by 31.03.2022 or the tax was not paid by 30.04.2022, interest remained payable from 01.05.2022 until payment. en-us Thu, 30 Nov 2023 00:00:00 +0530 Tue, 05 Dec 2023 07:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446425 For parcel sales of IMFL by FL3/FL11 licensees during the COVID-19 period, the later notification was treated as clarifying the applicable turnover tax rate at 5% for the specified periods, and the Cabinet-approved extension of time governed compliance for those affected sales. On that basis, payment of turnover tax on or before 30.04.2022 was treated as timely where the return was filed by 31.03.2022, and no interest was payable in such cases. If the return was not filed by 31.03.2022 or the tax was not paid by 30.04.2022, interest remained payable from 01.05.2022 until payment. Case-Laws VAT and Sales Tax Thu, 30 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446425