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2015 (4) TMI 656 - DELHI HIGH COURT

2015 (4) TMI 656 - DELHI HIGH COURT - TMI - Delayed payment of interest on the pre-deposit - Held that:- DVAT had required the appellant to make a payment of ₹ 2.61 crores as pre-condition to the hearing of his appeal. The appellant could not, however, comply with the direction but did so about three years later. In these circumstances, by the impugned order Tribunal directed it to pay 15% interest for the intervening period. Section 76(4) primarily empowers the Tribunal to make appropriat .....

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- S. Ravindra Bhat And R. K. Gauba,JJ. For the Appellants : Ms Kavita Jha, Mr Shammi Kapoor, Ms Purva Juneja & Ms Shraddha, Advs. For the Respondents : Ms Ruchi Sindhwani, ASC & Ms Bandana Shukla, Adv. ORDER Mr. Justice S. Ravindra Bhat (Open Court) 1. The substantial question of law sought to be urged by the appellant in respect of the order of Delhi VAT Appellate Tribunal (DVAT) dated 16.02.2015 passed in the appeal Nos.247-256/ATVAT/08-09 and 484-509/08-09, relates to delayed payment .....

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