https://www.taxtmi.com/caselaws?id=437989 Interest on delayed GST refund was treated as compensatory for deprivation of use of money, and the Court noted that interest may be payable even without an express statutory provision where amounts are retained without right. The refund was sanctioned on 04.10.2021 but released only after the writ petition was served; allowing 26 days for compliance with the sanction order, the Court accepted 01.11.2021 as the start date for interest. It also accepted 6% per annum as the applicable rate, treating it as a statutorily stipulated rate. en-us Mon, 15 May 2023 00:00:00 +0530 Fri, 28 Nov 2025 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437989 Interest on delayed GST refund was treated as compensatory for deprivation of use of money, and the Court noted that interest may be payable even without an express statutory provision where amounts are retained without right. The refund was sanctioned on 04.10.2021 but released only after the writ petition was served; allowing 26 days for compliance with the sanction order, the Court accepted 01.11.2021 as the start date for interest. It also accepted 6% per annum as the applicable rate, treating it as a statutorily stipulated rate. Case-Laws GST Mon, 15 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437989