https://www.taxtmi.com/caselaws?id=380315 After assessment orders were set aside and the fresh assessment proceedings became time-barred, the assessee was treated as entitled to refund of the pre-deposit amount. The court also held that interest was payable on the refunded sum, but limited the period of liability because the commencement issue in a connected matter was pending before the Supreme Court. Interest was directed at 6% per annum from the date of the refund application until actual refund, while the earlier period was left open. The revenue was directed to remove the demand from its portal. en-us Fri, 10 May 2019 00:00:00 +0530 Fri, 17 May 2019 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380315 After assessment orders were set aside and the fresh assessment proceedings became time-barred, the assessee was treated as entitled to refund of the pre-deposit amount. The court also held that interest was payable on the refunded sum, but limited the period of liability because the commencement issue in a connected matter was pending before the Supreme Court. Interest was directed at 6% per annum from the date of the refund application until actual refund, while the earlier period was left open. The revenue was directed to remove the demand from its portal. Case-Laws VAT and Sales Tax Fri, 10 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380315