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Case Law Details

Case Name : Parekh Plastichem Distributors LLP Vs Union of India (Gujarat High Court)
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Parekh Plastichem Distributors LLP Vs Union of India (Gujarat High Court)

The plain reading of Section-56 of the Act would indicate that if any tax, which is ordered to be refunded under Sub-section (5) of Section-54 to any applicant, is not refunded within sixty days from the date of receipt of the application under Sub-section (1) of that section, interest at the rate not exceeding 6% [six percent] shall be payable in respect of such refund from the date immediately after the expiry of sixty days from the

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One Comment

  1. Nidhi Kumar says:

    Very nice post sir. Sir I have a question what’s the till date of refund means

    1. Order date passed by original authority

    Or

    2. Date of refund amount credited in claimant bank account.

    Please clarify the above point sir

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