Interest entitled u/s. 42(1) of DVAT Act as refund withheld unjustifiably: Delhi HC

Mangalam Traders Vs Commissioner of Delhi Value Added Tax Department of Trade And Taxes And Anr (Delhi High Court) Delhi High Court held that petitioner is duly entitled for interest under section 42(1) of Delhi Value Added Tax Act, 2004 (the DVAT Act) since refund withheld unjustifiably. Facts- Petitioner is a registered dealer under Delhi Value Added Tax Act, 2004 and the Central Sales Tax Act, 1956. Petitioner filed quarterly returns for the 4th quarter of the Assessment Year 2016-17 and the 1st quarter of the Assessment Year 2017-18 on 01.06.2017 and 29.07.2017 respectively, therein claimi...