https://www.taxtmi.com/caselaws?id=415590 A refund claim arising under the repealed U.P. Trade Tax Act, 1948 could not be converted into a claim for interest under the U.P. Value Added Tax Act, 2008. Section 81 of the VAT Act, read with section 6 of the U.P. General Clauses Act, 1904, preserved accrued rights and pending proceedings, but did not create a fresh entitlement to interest for refunds originating under the repealed regime. Section 40 of the VAT Act was confined to excess payments made under that Act itself. The interest claim was therefore rejected as outside the statutory framework governing the original refund. en-us Tue, 07 Dec 2021 00:00:00 +0530 Thu, 09 Dec 2021 08:37:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415590 A refund claim arising under the repealed U.P. Trade Tax Act, 1948 could not be converted into a claim for interest under the U.P. Value Added Tax Act, 2008. Section 81 of the VAT Act, read with section 6 of the U.P. General Clauses Act, 1904, preserved accrued rights and pending proceedings, but did not create a fresh entitlement to interest for refunds originating under the repealed regime. Section 40 of the VAT Act was confined to excess payments made under that Act itself. The interest claim was therefore rejected as outside the statutory framework governing the original refund. Case-Laws VAT and Sales Tax Tue, 07 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415590