2024 (8) TMI 709 - SCH - VAT and Sales Tax

Denial of claim for concessional rate of tax and claim for sales returns - no C Forms to support the claim for concessional rate of tax - claim of the petitioner rejected on the ground that the claim for sales return had not been made within the time contemplated under the statute - differential demand of tax on the petitioner - it was held by Supreme Court that 'The questions of law raised in this revision petition have to be answered in favour of the revenue and against the assessee' - HELD THAT - It is not required to interfere with the impugned judgment and order passed by the High Court. Hence, the Special Leave Petition is dismissed.

Summary

The Supreme Court dismissed the Special Leave Petition and declined to interfere with the impugned judgment and order passed by the High Court. The delay was condoned, and pending applications were disposed of.