https://www.taxtmi.com/caselaws?id=168076 Section 29 of the U.P. Trade Tax Act requires interest where a statutory refund is not granted within three months of receipt of the relevant order. Where the refund was paid only during writ proceedings and outside that period, interest accrued from receipt of the appellate order until actual payment. Interest was payable at 18% per annum for the relevant period. Failure to discharge the statutory obligation to refund with interest within the prescribed time also justified an award of costs payable to the assessee. en-us Fri, 05 Apr 2013 00:00:00 +0530 Thu, 01 Jan 2015 22:09:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=168076 Section 29 of the U.P. Trade Tax Act requires interest where a statutory refund is not granted within three months of receipt of the relevant order. Where the refund was paid only during writ proceedings and outside that period, interest accrued from receipt of the appellate order until actual payment. Interest was payable at 18% per annum for the relevant period. Failure to discharge the statutory obligation to refund with interest within the prescribed time also justified an award of costs payable to the assessee. Case-Laws VAT and Sales Tax Fri, 05 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=168076