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2012 (9) TMI 909 - HC - VAT and Sales TaxAssam Industries (Sales Tax Concession) Scheme, 1997 - eligible unit - Interest on delay refund - Held that:- Refund is required to be made within 90 days and if refund is made beyond 90 days of the refund if due and if the same is delayed, simple interest at the rate of one percentum per month is payable. The impugned order denying interest is against the plain statutory provision of section 32 and the same is accordingly set aside. Claim for interest due to the petitioner be worked out in accordance with section 32 of the Act within three months from the date of this order. The petitioner may appear before the concerned Superintendent of Taxes for further proceedings on December 12, 2012. W.P.allowed.
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