In the Assessment Order interest was sought to be charged, under Section 24 3 , on the price fixed under Clause 5 A from the date that the sugar was purchased till payment of tax was made by the Appellants.
After the revised returns were filed an Assessment Order was passed.
The Appellants challenged the demand for interest before the Tamil Nadu Taxation Special Tribunal.
They purchase sugarcane from farmers.
As and when the price, under Clause 5 A, was fixed the Appellants filed a revised return and paid tax on that.
4230 of 2003 N. VARIAVA, J. These Appeals are against the Judgment of the Madras High Court dated 8th October, 2001.
By virtue of the Sugarcane Control Order, 1966 made under the Essential Commodities Act, 1955 the price for such purchase is statutorily fixed.
with Civil Appeal No.
Briefly stated the facts are as follows The Appellants are the manufacturer of sugar.
