Excess VAT Refund Must Be Honored Even After Delay: Madras HC Upholds Mandamus

Assistant Commissioner (CT) Vs Madhucon Projects Limited (Madras High Court) The Madras High Court, in the case of Assistant Commissioner (CT) Vs Madhucon Projects Limited, dismissed a writ appeal filed by the tax authority, affirming the learned Single Judge’s order that directed the immediate refund of Rs. 1,14,89,741 to the assessee, Madhucon Projects Limited, for the assessment year 2008-2009. Background of the Dispute The core issue originated from the Value Added Tax (VAT) assessment of Madhucon Projects Limited, a contractor, for the assessment year 2008-2009. The assessee, origi...