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2018 (11) TMI 665 - HC - VAT and Sales TaxEntitlement to Interest on delayed refund - Section 50 of the Karnataka Value Added Tax Act, 2003 - Held that:- Section 50 of the Act does not envisage of any reasons for not computing the interest on the refund due to the Assessee while giving effect to the orders of the Appellate Authorities - The words “shall pay such persons simple interest at 6%” are mandatory and no discretion is allowed to the lower Authorities to not to compute award with interest for such refund admittedly due, which in the present case, stands paid to the Assessee. The Respondent-Department is directed to immediately compute the interest on the refund due to the Petitioner - petition allowed.
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