Interest Calculation from DVAT Tribunal Order Date: Delhi HC

Rashtriya Transport Corporation Vs Commissioner Of Delhi Goods And Service Tax & Anr. (Delhi High Court) In a significant ruling, the Delhi High Court has clarified the computation of interest on refunds under the Delhi Value Added Tax (DVAT) Act. The case of Rashtriya Transport Corporation vs Commissioner of Delhi Goods and Service Tax & Anr. centered around the start date for calculating interest on a refunded amount. The Court decided that interest should be computed from the date of the DVAT Appellate Tribunal’s order, not from the initial date of deposit. This decision provides ...