https://www.taxtmi.com/caselaws?id=314019 Excess KVAT refund claims must be considered together with interest under Section 89 of the Kerala Value Added Tax Act. Any liability determined on finalisation of the pending assessment must first be lawfully set off against the refundable amount; only the remaining balance is payable to the taxpayer. The refund representation is to be considered within a fixed time, with computation of the accrued interest and adjustment of assessment dues before release of the net refund. en-us Tue, 31 Mar 2015 00:00:00 +0530 Mon, 13 May 2024 21:31:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314019 Excess KVAT refund claims must be considered together with interest under Section 89 of the Kerala Value Added Tax Act. Any liability determined on finalisation of the pending assessment must first be lawfully set off against the refundable amount; only the remaining balance is payable to the taxpayer. The refund representation is to be considered within a fixed time, with computation of the accrued interest and adjustment of assessment dues before release of the net refund. Case-Laws VAT and Sales Tax Tue, 31 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314019