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VAT - Highlights / Catch Notes

Home Highlights January 2023 Year 2023 This

Interest on the refund amount - The contention that the ...


Court Rules Delay in Refund Process Lies with Respondents, Not Petitioner; Interest Must Be Paid.

January 31, 2023

Case Laws     VAT and Sales Tax     HC

Interest on the refund amount - The contention that the petitioner is guilty of inaction for an inordinately long period is also unpersuasive. - Once the petitioner had filed the application for seeking refund of the amount along with interest, it was incumbent upon the respondents to either allow or reject the same as per law. The inaction, if any, is largely on the part of the respondents. - HC

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