https://www.taxtmi.com/caselaws?id=163957 A statutory sales tax refund withheld beyond the prescribed period attracted liability to pay interest for the delayed period. The Court noted that the principal refund had initially been released without interest, but the delayed compliance was contrary to the refund obligation and required an effective administrative mechanism to ensure timely processing of refund claims. During the pendency of the petition, the refund with interest was paid and the State filed instructions to secure prompt clearance of refund orders. The matter was disposed of after recognising the right to timely refund with interest and the corrective measures undertaken by the State. en-us Tue, 24 Mar 2009 00:00:00 +0530 Thu, 13 Nov 2014 15:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=163957 A statutory sales tax refund withheld beyond the prescribed period attracted liability to pay interest for the delayed period. The Court noted that the principal refund had initially been released without interest, but the delayed compliance was contrary to the refund obligation and required an effective administrative mechanism to ensure timely processing of refund claims. During the pendency of the petition, the refund with interest was paid and the State filed instructions to secure prompt clearance of refund orders. The matter was disposed of after recognising the right to timely refund with interest and the corrective measures undertaken by the State. Case-Laws VAT and Sales Tax Tue, 24 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=163957