Home Case Index All Cases VAT and Sales Tax VAT and Sales Tax + HC VAT and Sales Tax - 2015 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2015 (3) TMI 1156 - HC - VAT and Sales TaxNon-allowance of interest on delayed provisional refund - Section 53 of the Maharashtra Value Added Tax Act, 2002 - Manufacturer in cotton yarn, hosiery fabrics, electronic goods holding certificate of entitlement during the period of assessment - Held that:- the Tribunal has rightly interpreted the provisions of sections 51, 52 and 53 of the MVAT Act while partly allowing the appeals. It is to be noted here that a conjoint reading of the provisions of section 51 and 53 of the MVAT Act and by applying the same, the Tribunal has rightly remanded the matter back to the assessing authority to calculate the period of delay as per observations made in the impugned judgment and has directed to award interest over delayed refund to the respondent. Also there is no substantial question of law as contemplated under section 27 of the MVAT Act is involved in the present appeals. Decided against the revenue
|