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VAT - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Interest on refund claim - Doctrine of merger - compensatory ...


Courts May Award Interest on Tax Refunds as Compensation When Legislature Omits Details, Linked to Doctrine of Merger.

June 18, 2015

Case Laws     VAT and Sales Tax     HC

Interest on refund claim - Doctrine of merger - compensatory measure - when the legislature is silent about entitlement of interest on refund of the tax amount already paid by the citizen, the interest can be considered by way of a compensatory measure. - HC

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