2026 (7) TMI 1610

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....dent department to immediately release the statutory interest amounting to Rs. 1415500/-on the refunded amount of Rs. 5,96,035/-, in accordance with Section 56 of the Rajasthan Sales Tax Act, 1994, along with additional interest for the period of delay beyond the statutory refund period; b) Further, declare that the failure of the respondent department to grant statutory interest on the refunded amount is illegal, arbitrary, and contrary to established legal principles, as laid down by the Hon'ble Supreme Court in Sandvik Asia Ltd. v. CIT (2006) 2 SCC 508 and CIT v. Gujarat Fluoro Chemicals (2014) 1 SCC 126; c) Further direct the respondent department to compensate the petitioner for the unjustified delay in processing....

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....tiny of pending matters was undertaken to withdraw infructuous cases falling within the prescribed monetary limits. Since the present case fell within the said limits, the revision petition preferred by the Department came to be withdrawn. 4. Heard learned counsel for the parties and perused the material available on record. 5. This Court observes that it is not in dispute that the litigation between the parties came to an end pursuant to the Circular dated 14.10.2022 issued by the Commercial Taxes Department in furtherance of the Rajasthan State Litigation Policy, 2018, whereby the monetary limit of Rs.5 lakh for matters pending before the Rajasthan Tax Board and Rs.15 lakh for revisions before the Rajasthan High Court was prescribed....

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....ractor ordinarily resides; and where such person or contractor does not reside in the State, then such refund shall be made by such officer who may be directed by the Commissioner. (3) Any tax levied and collected under this Act, in respect of the sale or purchase inside the State of any declared goods which are subsequently sold in the course of inter State trade or commerce and on which tax has been paid under the Central Sales Tax Act, 1956 (Central Act 74 of 1956), shall be refunded to the person making such sale or purchase in the course of inter-State trade or commerce, in such manner and subject to such conditions as may be prescribed. (4) Notwithstanding anything contained in this section or in any other law for th....