https://www.taxtmi.com/caselaws?id=157643 When an appellate order granting tax relief becomes operative, the assessing authority must implement it by issuing the consequential refund within the prescribed time. If refund is delayed beyond the statutory period, interest at 12% per annum becomes payable. A demand that refund be made only on furnishing security was rejected because no statutory stay of refund had been obtained, and the department could not obstruct compliance with the appellate order on that basis. The writ relief was therefore granted and the authority was directed to make the refund with interest within the stated time. en-us Wed, 04 Aug 1993 00:00:00 +0530 Tue, 08 Oct 2013 18:35:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157643 When an appellate order granting tax relief becomes operative, the assessing authority must implement it by issuing the consequential refund within the prescribed time. If refund is delayed beyond the statutory period, interest at 12% per annum becomes payable. A demand that refund be made only on furnishing security was rejected because no statutory stay of refund had been obtained, and the department could not obstruct compliance with the appellate order on that basis. The writ relief was therefore granted and the authority was directed to make the refund with interest within the stated time. Case-Laws VAT and Sales Tax Wed, 04 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157643