Interest of Refund Calculated under TNVAT Act instead of TN General Sales Tax Act: Madras HC directs to Dispose Representation within 6 weeks [Read Order]

Interest was calculated based on the Tamil Nadu Value Added Tax Act, 2006, rather than the prescribed rate in the Tamil Nadu General Sales Tax Act, 1959
Interest of Refund - TNVAT Act - TN General Sales Tax Act - Madras HC - Dispose Representation - taxscan

In a recent ruling, the Madras High Court has directed the Assistant Commissioner (ST) to dispose of the representation within 6 weeks in relation to matters where interest of refund is calculated under Tamil Nadu Value Added Tax Act ( TNVAT ), 2006 instead of Tamil Nadu General Sales Tax Act, 1959. The petitioner, Syngenta…

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