2020 (8) TMI 218

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.... Heard Mr.B.Raveendran, learned counsel for the petitioner and Mr.Mohammed Shaffiq, learned Special Government Pleader. 2. The petitioner challenges an 'Urgent Notice' dated 03.10.2018, calling upon it to pay a sum of Rs. 2,17,72,603/-, being Value Added Tax (VAT) in terms of the Tamil Value Added Tax Act, 2006 ('Act') for the period April 2017. The liability to pay tax is not in....

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....sition of the entry tax to its credit ledger. Part credit of a portion of the amount has been availed thereafter. (iii) While quantifying the interest under Section 42(3), payable on belated remittance of tax for April 2017 since, admittedly, there has been delay in remittance of tax for this month, the petitioner, for its part claims interest on the amount of 2.27 crores (approx) of entry tax a....