Gauhati High Court Directs Assistant Commissioner To Release Amount Of Interest On Delayed Excise Duty Refund To GAIL

The Gauhati High Court directed the Assistant Commissioner to release interest on a delayed excise duty refund to GAIL. The court recognized the taxpayer's right to interest on delayed refunds and held the tax authorities accountable for timely processing. This decision reinforces the importance of timely refunds and the taxpayer's entitlement to interest in cases of undue delay.