The Delhi High Court slammed Department for Unnecessary Burden If Interest on Ex-Chequer and unnecessary imposition on judicial time on the ground of delay in VAT Refund. The petitioner, Consortium of Sudhir Power Projects Ltd and Sudhir Gensets Ltd, had filed a return claiming a refund of the sum of Rs 59,59,499 for the fourth quarter of the year 2013-14. Thereafter, it filed a revised return reducing its claim of refund to Rs 59,56,772. The petitioner’s return was not processed immediately…
Source: taxscan.in
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