https://www.taxtmi.com/caselaws?id=467315 Under the settlement scheme, pre-deposits and amounts paid during proceedings were not to be deducted before applying the statutory waiver on disputed tax. The authorities' method of first reducing the pre-deposit and then granting the waiver wrongly curtailed the benefit of a beneficial scheme and placed an assessee who had already paid money in a worse position than one who had paid nothing. The correct approach was to determine the settlement amount on the disputed liability as prescribed by the scheme and then credit the amounts already deposited. The excess recovered under the mistaken computation was refundable with interest. en-us Wed, 12 Feb 2025 00:00:00 +0530 Sat, 14 Mar 2026 18:48:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467315 Under the settlement scheme, pre-deposits and amounts paid during proceedings were not to be deducted before applying the statutory waiver on disputed tax. The authorities' method of first reducing the pre-deposit and then granting the waiver wrongly curtailed the benefit of a beneficial scheme and placed an assessee who had already paid money in a worse position than one who had paid nothing. The correct approach was to determine the settlement amount on the disputed liability as prescribed by the scheme and then credit the amounts already deposited. The excess recovered under the mistaken computation was refundable with interest. Case-Laws VAT / Sales Tax Wed, 12 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467315