Calcutta HC Directs Refund of admitted refundable VAT amount With Interest

Alkem Laboratories Limited Vs Joint Commissioner of Sales Tax (Calcutta High Court) Petitioner has filed this writ petition being aggrieved by the inaction on the part of the respondents Authority concerned in refunding the admitted refundable amount as indicated in pages 30,31 and 32 of the writ petition which comes around Rs.5,58,54,103.61 in total. Petitioner submits that 50% of the aforesaid refundable amount has already been paid to it and the balance amount has been unjustifiably retained. Pursuant to the earlier order of this court Mr. Mukherjee learned Advocate appearing for the State ...