https://www.taxtmi.com/caselaws?id=410000 Refund of tax deposited as a pre-condition for filing an appeal had to be returned within ninety days under Section 33(2) of the Telangana Value Added Tax Act, 2005, and delay attracted interest at 1% per month under Section 39(2). The mandatory wording made the refund obligation binding, and pending revision proceedings did not justify withholding the amount. Refund could be retained only in the limited circumstances under Section 40, and no valid withholding order under Section 40(2) was produced. The assessee was therefore entitled to refund together with statutory interest. en-us Wed, 07 Jul 2021 00:00:00 +0530 Wed, 21 Jul 2021 22:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410000 Refund of tax deposited as a pre-condition for filing an appeal had to be returned within ninety days under Section 33(2) of the Telangana Value Added Tax Act, 2005, and delay attracted interest at 1% per month under Section 39(2). The mandatory wording made the refund obligation binding, and pending revision proceedings did not justify withholding the amount. Refund could be retained only in the limited circumstances under Section 40, and no valid withholding order under Section 40(2) was produced. The assessee was therefore entitled to refund together with statutory interest. Case-Laws VAT and Sales Tax Wed, 07 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410000