https://www.taxtmi.com/caselaws?id=370322 Section 50 of the Karnataka Value Added Tax Act was treated as mandatory, requiring simple interest at 6% per annum on delayed refund amounts. The assessing authority had no discretion to refuse interest because of administrative workload or other departmental reasons. Interest was held to run from the day after expiry of thirty-five days from the appellate order until actual payment. The assessee's claim for interest on the refunded tax amount therefore succeeded. en-us Mon, 01 Oct 2018 00:00:00 +0530 Fri, 16 Nov 2018 07:57:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=370322 Section 50 of the Karnataka Value Added Tax Act was treated as mandatory, requiring simple interest at 6% per annum on delayed refund amounts. The assessing authority had no discretion to refuse interest because of administrative workload or other departmental reasons. Interest was held to run from the day after expiry of thirty-five days from the appellate order until actual payment. The assessee's claim for interest on the refunded tax amount therefore succeeded. Case-Laws VAT and Sales Tax Mon, 01 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=370322