https://www.taxtmi.com/caselaws?id=760199 Delhi HC allowed petition seeking VAT refund with interest under Sections 38 and 42 of Delhi VAT Act, 2004. Court held that refund was not released within statutory two-month period from Form DVAT 2 submission. State retained money without right and was obligated to pay interest. No evidence showed petitioner caused processing delay. Refund became due on specific date, constituting illegal retention. Petitioner entitled to simple interest at statutory rate of 6% per annum from due date. Petition granted with interest compensation. en-us Wed, 16 Oct 2024 00:00:00 +0530 Fri, 18 Oct 2024 09:12:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760199 Delhi HC allowed petition seeking VAT refund with interest under Sections 38 and 42 of Delhi VAT Act, 2004. Court held that refund was not released within statutory two-month period from Form DVAT 2 submission. State retained money without right and was obligated to pay interest. No evidence showed petitioner caused processing delay. Refund became due on specific date, constituting illegal retention. Petitioner entitled to simple interest at statutory rate of 6% per annum from due date. Petition granted with interest compensation. Case-Laws VAT / Sales Tax Wed, 16 Oct 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760199