https://www.taxtmi.com/caselaws?id=778379 SC dismissed the appeals and upheld the HC orders directing payment of interest at 15% on the excess security deposited for issuance of form-31, from date of deposit to date of refund. The SC found no reason to interfere with the HC's determination, even though the statute contained no provision expressly prescribing interest on the excess amount, and affirmed the impugned HC orders dated 10-08-2010 and 13-01-2010. en-us Thu, 11 Sep 2025 00:00:00 +0530 Tue, 16 Sep 2025 09:02:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778379 SC dismissed the appeals and upheld the HC orders directing payment of interest at 15% on the excess security deposited for issuance of form-31, from date of deposit to date of refund. The SC found no reason to interfere with the HC's determination, even though the statute contained no provision expressly prescribing interest on the excess amount, and affirmed the impugned HC orders dated 10-08-2010 and 13-01-2010. Case-Laws VAT / Sales Tax Thu, 11 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778379