Delhi HC allows interest on DVAT refund from the date refund become due

Tarapore & Co Vs Commissioner of Trade & Taxes & Anr (Delhi High Court) Tarapore & Co, the petitioner, sought a direction from the Delhi High Court to the respondents for the refund of Rs. 37,99,453 along with 6% annual interest from the date the refund was due, according to Section 42(1) of the Delhi Value Added Tax (DVAT) Act, 2004. A refund order had been issued on 13th July 2022 for the period of March 2006, entitling the petitioner to the refund but without any interest. Legal Framework Section 38 (Refunds): Sub-section (3)(a)(i): Stipulates that the refund must be paid w...