https://www.taxtmi.com/caselaws?id=164420 Refund claims concern entitlement to prompt repayment and statutory interest, with interest to be calculated under the cited statute. A notice under the refund provision must be issued within the two-month limitation period prescribed by the statute; a belated notice does not justify withholding the refund. A separate requirement to demand security must be made within the stipulated 15-day period; absence of any demand for security or any notice in respect of the refund period removes any legal basis to withhold payment, obliging payment of the refund. en-us Thu, 03 Jun 2010 00:00:00 +0530 Fri, 30 Jan 2026 10:40:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=164420 Refund claims concern entitlement to prompt repayment and statutory interest, with interest to be calculated under the cited statute. A notice under the refund provision must be issued within the two-month limitation period prescribed by the statute; a belated notice does not justify withholding the refund. A separate requirement to demand security must be made within the stipulated 15-day period; absence of any demand for security or any notice in respect of the refund period removes any legal basis to withhold payment, obliging payment of the refund. Case-Laws VAT / Sales Tax Thu, 03 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=164420