Case Law Details
Syngenta Crop Protection Pvt Ltd Vs Assistant Commissioner (ST) (Madras High Court)
The recent judgment by the Madras High Court in the case of Syngenta Crop Protection Pvt Ltd Vs Assistant Commissioner (ST) has significant implications for taxpayers. The court addressed the calculation of interest under the Tamil Nadu Value Added Tax (TNVAT) Act, 2006, compared to the Tamil Nadu General Sales Tax (TN GST) Act, 1959.
The petitioner challenged an order dated 09.04.2019, seeking interest payment at 12% per annum on a sum of Rs.6,45,39,516/- for assessment years 1996-97 to 2000-2001. The court allowed the writ petition on 06.07.2022, directing payment of interest. However, the petitioner contested the interest calculation method used in the intimation dated 25.01.2023.
Firstly, the petitioner argued that interest was calculated under the TNVAT Act, 2006, rather than the TN GST Act, 1959, leading to discrepancies. Secondly, the petitioner disagreed with the computation start date, advocating for interest payment from 29.10.2004, not 13.10.2014 as indicated in the intimation.
Furthermore, the petitioner submitted a representation on 13.02.2023 to the Assistant Commissioner, addressing these grievances. However, as of the court’s ruling, this representation remained unresolved.
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