https://www.taxtmi.com/caselaws?id=282544 The court ruled in favor of the petitioner in a VAT refund case, directing the revenue to release the interest amount along with the refund within 72 hours. The court emphasized that interest on refunds is a legal entitlement and ordered the concerned officer to pay costs of &8377;20,000 for refusing to deposit the interest. Additionally, the Government of NCT of Delhi was instructed to submit an action taken report on recovering amounts from officers in similar cases. Compliance reporting was scheduled for a specified date, with the order to be served dasti. en-us Mon, 19 Sep 2016 00:00:00 +0530 Tue, 13 Aug 2019 11:10:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282544 The court ruled in favor of the petitioner in a VAT refund case, directing the revenue to release the interest amount along with the refund within 72 hours. The court emphasized that interest on refunds is a legal entitlement and ordered the concerned officer to pay costs of &8377;20,000 for refusing to deposit the interest. Additionally, the Government of NCT of Delhi was instructed to submit an action taken report on recovering amounts from officers in similar cases. Compliance reporting was scheduled for a specified date, with the order to be served dasti. Case-Laws VAT and Sales Tax Mon, 19 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282544