Interest allowable on Delayed Refund under Delhi Sales Tax Act on Expiry of 90 Days From Date of Claim: Delhi HC Grants Interest on Refund [Read Order]
The court disposed of the petition directing the respondents to pay interest @1.5% per month on the refund amount of Rs. 20,18,729/- for the period of three years immediately preceding the filing of the petition till the date of disbursal of refund to the petitioner.
The Delhi High Court granted the interest on refund as the interest allowable on delayed refund under the Delhi Sales Tax Act, 1975 on expiry of 90 days from date of claim. The court disposed of the petition directing the respondents to pay interest @1.5% per month on the refund amount of Rs. 20,18,729/- for…
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