Delhi HC explains period for which Interest on VAT Refund Payable

Corsan Corviam Construccion S.A.- Sadhbhav Engineering Ltd. JV Vs Commissioner of Trade & Taxes (Delhi High Court)

The wording of Section 42(1) of DVAT Act is unambiguous. It talks of the two dates i.e. date the refund was due to be paid to the person and ^‘until the date’ on which the refund is ^‘given’. The word ^‘given’ should in the context of the provision mean, the date on which the refund amount is actually received by the Petitioner and not the dat

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