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2016 (9) TMI 667 - HC - VAT and Sales TaxEntitlement to interest on refund of purchase tax - Section 54(1) of the erstwhile Gujarat Sales Act,1969 - manufacture of Ayurvedic medicines - URD purchase - purchase tax - Section 15B under the erstwhile Gujarat Sales Act,1969 r/w Rule 42E of the Sales Tax Rules - gas used as fuel for manufacturing process - is the assessee entitled to interest on delayed refund of purchase tax and also interest on interest on delayed refund? - Held that: - the decision of the case State of Gujarat Versus Doshi Printing Press [2015 (3) TMI 211 - GUJARAT HIGH COURT] is relied upon. The assessee is entitled to interest for delayed refund of amount deposited to Governent. However, assessee not entitled to interest on interest for delayed refund. the decision of the cases Sandvik Asia Limited Vs. Commissioner of Income Tax & Others [2006 (1) TMI 55 - SUPREME Court] and Commissioner of Income Tax, Gujarat Vs. Gujarat Fluoro Chemicals [2013 (10) TMI 117 - SUPREME COURT] also relied upon. Appeal dismissed - decided against Revenue.
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