Authority Must Pay Interest on Delayed Sales Tax/VAT Refunds from Deposit to Payment at Statutory Rate.

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Full Text of the Document

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....Claim of interest of on Refund of sales tax / vat which was paid under protest - The Competent authority shall compute the interest payable to the petitioners for the entire period between the deposit of the tax till actual payment and pay to the petitioners such interest at the statutory rate - HC....