https://www.taxtmi.com/caselaws?id=334592 Interest is payable on a refund that becomes due by virtue of an appellate order, and the refund interest must be recalculated in line with the appellate determination. The High Court upheld the Tribunal's view that refund interest is not confined to amounts arising only from an assessment order, but extends to enhanced refund granted on appeal. The separate question whether earlier interest itself should bear further interest was not finally decided; the Court left that issue open and permitted the State to seek clarification or rectification before the Tribunal under Section 79(2) of the VAT Act. en-us Thu, 06 Oct 2016 00:00:00 +0530 Thu, 17 Nov 2016 08:03:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334592 Interest is payable on a refund that becomes due by virtue of an appellate order, and the refund interest must be recalculated in line with the appellate determination. The High Court upheld the Tribunal's view that refund interest is not confined to amounts arising only from an assessment order, but extends to enhanced refund granted on appeal. The separate question whether earlier interest itself should bear further interest was not finally decided; the Court left that issue open and permitted the State to seek clarification or rectification before the Tribunal under Section 79(2) of the VAT Act. Case-Laws VAT and Sales Tax Thu, 06 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334592