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    <title>2019 (10) TMI 951 - BOMBAY HIGH COURT</title>
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    <description>The court held that simple interest at 8% per annum on refundable amounts under the Goa Value Added Tax Act, 2005 should be calculated from the date of the refund order or the application date, not from the sanction order date. Respondents were directed to pay interest on specific amounts for specified periods. The court also instructed authorities to conclude adjudication on the petitioner&#039;s claim for an additional amount within four months, with the petitioner retaining the right to pursue further legal action if unsatisfied. The petition was disposed of with specific directions and no costs awarded.</description>
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    <pubDate>Wed, 16 Oct 2019 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=387467</link>
      <description>The court held that simple interest at 8% per annum on refundable amounts under the Goa Value Added Tax Act, 2005 should be calculated from the date of the refund order or the application date, not from the sanction order date. Respondents were directed to pay interest on specific amounts for specified periods. The court also instructed authorities to conclude adjudication on the petitioner&#039;s claim for an additional amount within four months, with the petitioner retaining the right to pursue further legal action if unsatisfied. The petition was disposed of with specific directions and no costs awarded.</description>
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      <pubDate>Wed, 16 Oct 2019 00:00:00 +0530</pubDate>
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