https://www.taxtmi.com/caselaws?id=218238 Statutory interest on a refundable amount under the A.P. General Sales Tax Act becomes payable automatically once the underlying demand or penalty is set aside and the refund is delayed; no fresh claim by the assessee is required. The Revenue can withhold refund or interest only by passing a valid withholding order under the prescribed procedure, including the required prior approval. In the absence of such an order, refusal to release the refund or interest is unlawful, and the statutory interest must be computed and paid. en-us Tue, 20 Mar 2012 00:00:00 +0530 Tue, 23 Sep 2014 15:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218238 Statutory interest on a refundable amount under the A.P. General Sales Tax Act becomes payable automatically once the underlying demand or penalty is set aside and the refund is delayed; no fresh claim by the assessee is required. The Revenue can withhold refund or interest only by passing a valid withholding order under the prescribed procedure, including the required prior approval. In the absence of such an order, refusal to release the refund or interest is unlawful, and the statutory interest must be computed and paid. Case-Laws VAT and Sales Tax Tue, 20 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218238