https://www.taxtmi.com/caselaws?id=753216 Delhi HC dismissed writ petition challenging interest calculation on DVAT refund. Petitioner, a transporter not engaged in trading, sought higher interest computation. Court held under Section 42 DVAT Act, interest at statutory rate of 6% p.a. shall be computed from dates of DVAT Appellate Tribunal orders (26.08.2021 for penalty amount Rs. 4,91,096/- and 10.05.2023 for tax Rs. 4,91,096/- plus penalty Rs. 50,000/-) until refund date. GSTO's interest computation dated 31.07.2023 was upheld as correct. en-us Mon, 27 May 2024 00:00:00 +0530 Wed, 29 May 2024 08:30:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=753216 Delhi HC dismissed writ petition challenging interest calculation on DVAT refund. Petitioner, a transporter not engaged in trading, sought higher interest computation. Court held under Section 42 DVAT Act, interest at statutory rate of 6% p.a. shall be computed from dates of DVAT Appellate Tribunal orders (26.08.2021 for penalty amount Rs. 4,91,096/- and 10.05.2023 for tax Rs. 4,91,096/- plus penalty Rs. 50,000/-) until refund date. GSTO's interest computation dated 31.07.2023 was upheld as correct. Case-Laws VAT and Sales Tax Mon, 27 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=753216