https://www.taxtmi.com/caselaws?id=164232 Where excess tax is already with the Revenue and the statute permits refund by adjustment against dues of other periods, the assessing authority must give effect to that adjustment and cannot refuse it merely because a refund adjustment order was not issued in time. The tribunal also noted that interest may arise on retained excess tax from the point of determination, but directed a practical resolution by adjusting the excess against subsequent quantified dues and declining mutual interest claims for the relevant periods. Any balance after final adjustment was to be refunded. en-us Fri, 02 May 2008 00:00:00 +0530 Mon, 21 Apr 2014 09:58:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164232 Where excess tax is already with the Revenue and the statute permits refund by adjustment against dues of other periods, the assessing authority must give effect to that adjustment and cannot refuse it merely because a refund adjustment order was not issued in time. The tribunal also noted that interest may arise on retained excess tax from the point of determination, but directed a practical resolution by adjusting the excess against subsequent quantified dues and declining mutual interest claims for the relevant periods. Any balance after final adjustment was to be refunded. Case-Laws VAT and Sales Tax Fri, 02 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164232