https://www.taxtmi.com/caselaws?id=769402 The Jharkhand HC held that interest on a valid VAT refund accrues under the statutory framework after ninety days from the refund application, not from the later date when the Department processed the interest claim. Because the application was filed on 16.09.2020, the delay period for interest began on expiry of ninety days from that date. The Court also held that the COVID-19 limitation exclusions did not govern computation of interest on an admitted refund, as the issue concerned payment of money already due rather than institution of proceedings. The petitioner was therefore entitled to differential interest on the delayed refund at 9% per annum, after adjusting the amount already paid. en-us Thu, 17 Apr 2025 00:00:00 +0530 Fri, 25 Apr 2025 08:53:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769402 The Jharkhand HC held that interest on a valid VAT refund accrues under the statutory framework after ninety days from the refund application, not from the later date when the Department processed the interest claim. Because the application was filed on 16.09.2020, the delay period for interest began on expiry of ninety days from that date. The Court also held that the COVID-19 limitation exclusions did not govern computation of interest on an admitted refund, as the issue concerned payment of money already due rather than institution of proceedings. The petitioner was therefore entitled to differential interest on the delayed refund at 9% per annum, after adjusting the amount already paid. Case-Laws VAT / Sales Tax Thu, 17 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769402