2024 (2) TMI 559 - SCH - VAT and Sales Tax

Adjustment of Demand with the Refund while objections were pending - Refund the amounts claimed along with interest as per the return which was submitted by the petitioner for the first quarter of Financial Year 2016-2017 - it was held by High Court that The respondents shall consequently compute the amounts which would become refundable to the petitioner in light of our observations appearing hereinabove and affect disbursement accordingly. The aforesaid refunds shall be disbursed along with interest in terms of Section 42 of the Act. HELD THAT - There are no reason to interfere with the impugned judgment and order passed by the High Court - SLP dismissed.

Summary

The Supreme Court dismissed the Special Leave Petition after hearing the counsel and not interfering with the impugned judgment and order passed by the High Court.