https://www.taxtmi.com/caselaws?id=157797 Refundable tax under section 23(2) of the Rajasthan Sales Tax Act, 1954 carries interest from the date of deposit until refund on the plain statutory wording. The provision fixes both the rate and the commencement of interest, so a later starting point or a minimum one-year deposit period cannot be read into it. Circulars and an order restricting interest contrary to that text were inconsistent with the Act and therefore invalid. The matter was remitted for fresh determination in accordance with law. en-us Fri, 23 Dec 1994 00:00:00 +0530 Thu, 10 Oct 2013 17:17:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=157797 Refundable tax under section 23(2) of the Rajasthan Sales Tax Act, 1954 carries interest from the date of deposit until refund on the plain statutory wording. The provision fixes both the rate and the commencement of interest, so a later starting point or a minimum one-year deposit period cannot be read into it. Circulars and an order restricting interest contrary to that text were inconsistent with the Act and therefore invalid. The matter was remitted for fresh determination in accordance with law. Case-Laws VAT and Sales Tax Fri, 23 Dec 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=157797