https://www.taxtmi.com/caselaws?id=167739 Under the Haryana VAT framework, delayed refund payment attracts simple interest at one per cent per month when the refund is not made within sixty days of the relevant refund order. Section 20(9) and section 20(10) of the Haryana Value Added Tax Act, 2003, read with Rule 41(4) of the Haryana Value Added Tax Rules, 2003, require timely issuance and payment of the refund order, and administrative forwarding or pending revisional proceedings do not suspend that statutory obligation. Interest runs from the expiry of the sixty-day period until actual payment. en-us Mon, 19 Nov 2012 00:00:00 +0530 Mon, 05 Jan 2015 12:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=167739 Under the Haryana VAT framework, delayed refund payment attracts simple interest at one per cent per month when the refund is not made within sixty days of the relevant refund order. Section 20(9) and section 20(10) of the Haryana Value Added Tax Act, 2003, read with Rule 41(4) of the Haryana Value Added Tax Rules, 2003, require timely issuance and payment of the refund order, and administrative forwarding or pending revisional proceedings do not suspend that statutory obligation. Interest runs from the expiry of the sixty-day period until actual payment. Case-Laws VAT and Sales Tax Mon, 19 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=167739