2019 (2) TMI 2026 - HC - VAT and Sales Tax

Interest on Refund claim - HELD THAT - It is pointed out by the petitioner that interest has not been processed. To this, the Revenue urges that the decision in VIZIEN ORGANICS, M/S MUNSHI RAM RAM PARKASH, MANGLA ENTERPRISES, DHANJAL ENGG. WORKS, M/S GOEL OIL COMPANY, M/S ARUN ELECTRONICS, POWER INDUSTRIES PROPRIETO SH. TARUN BANSAL, M/S. LUDHIANA AUTO SUPPLY CO., VERSUS COMMISSIONER, TRADE TAXES ANR. 2017 (1) TMI 1168 - DELHI HIGH COURT covers the issue but that the department s Special Leave Petition is pending and that an interim order staying the judgment enures and binds the parties. The processing of the petitioner s claim for interest shall take place; however, the disbursement of interest shall await the final outcome of the proceedings. The writ petition is accordingly disposed of.

Summary

The Delhi High Court stated that the petitioner's refund claim has been processed and credited, but interest has not been processed yet. The court decided that interest processing will happen, but disbursement will wait for the final outcome of the proceedings. The writ petition was disposed of accordingly.