No Penal Interest for Non-Filing of Returns without Statutory Provision: SC

Maruti Wire INDS. Pvt. Ltd. Vs S.T.O. IST Circle Mattancherry and Others (Supreme Court of India)

The case of Maruti Wire INDS. Pvt. Ltd. Vs Sales Tax Officer (S.T.O.) IST Circle Mattancherry and Others, adjudicated by the Supreme Court of India, centers on the interpretation of Section 23(3) of the Kerala General Sales Tax Act, 1963. The primary question was whether the appellant, an assessee, was liable to pay penal interest on the assessed tax from the date the return was due, despite not furnishing a return or paying tax on a self-assessment basis. This judgment delves into the

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