https://www.taxtmi.com/caselaws?id=387467 Section 33(2) of the Goa Value Added Tax Act, 2005 fixes interest on refundable tax by reference to the refund order or the date of receipt of a refund application, and the 90-day period runs from that statutory trigger. Rule 30 of the Goa Value Added Tax Rules, 2005 governs administrative approval for disbursement but does not delay the statutory liability to pay interest. Applying strict construction of fiscal legislation, the provision cannot be extended by implication to make sanction under Rule 30 the starting point for interest. Interest was therefore payable after expiry of 90 days from the assessment order or refund application, as applicable. en-us Wed, 16 Oct 2019 00:00:00 +0530 Thu, 24 Oct 2019 07:44:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387467 Section 33(2) of the Goa Value Added Tax Act, 2005 fixes interest on refundable tax by reference to the refund order or the date of receipt of a refund application, and the 90-day period runs from that statutory trigger. Rule 30 of the Goa Value Added Tax Rules, 2005 governs administrative approval for disbursement but does not delay the statutory liability to pay interest. Applying strict construction of fiscal legislation, the provision cannot be extended by implication to make sanction under Rule 30 the starting point for interest. Interest was therefore payable after expiry of 90 days from the assessment order or refund application, as applicable. Case-Laws VAT and Sales Tax Wed, 16 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387467