https://www.taxtmi.com/caselaws?id=387522 Interest on refundable tax amounts under the Goa Value Added Tax Act was held payable at 8% per annum from expiry of the statutory refund period, and the respondents were directed to pay interest on the sanctioned refund amounts for the relevant periods. The separate claim for VAT input tax credit on export sales against a restrictive tax invoice was not granted in these proceedings; that question was left to the adjudicating authority for decision within the stipulated time, with liberty to pursue further remedies if aggrieved. en-us Wed, 16 Oct 2019 00:00:00 +0530 Fri, 08 Nov 2024 11:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387522 Interest on refundable tax amounts under the Goa Value Added Tax Act was held payable at 8% per annum from expiry of the statutory refund period, and the respondents were directed to pay interest on the sanctioned refund amounts for the relevant periods. The separate claim for VAT input tax credit on export sales against a restrictive tax invoice was not granted in these proceedings; that question was left to the adjudicating authority for decision within the stipulated time, with liberty to pursue further remedies if aggrieved. Case-Laws VAT / Sales Tax Wed, 16 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387522