Delayed Tax Interest Invalid Before March 26, 2022; Recalculation Ordered After Rate Established for April 30, 2022 Payment.

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....Liability of interest for the delay in remitting the turnover tax - in the absence of the rates prescribed before 26.03.2022, any demand and levy of tax could not have been valid. After the rate of the turnover tax has been prescribed, the petitioners ought to have remitted the tax before 30.04.2022. - Matter restored back to recalculate the interest as per the directions - HC....