Interest should be Computed from Date of Order passed by DVAT Appellate Tribunal: Delhi HC

The Delhi High Court ruled that interest should be calculated from the date of the order passed by the Delhi Value Added Tax (DVAT) Appellate Tribunal. The petitioner sought a refund with interest, which was granted, and the amount refunded included interest computed from the date of the Tribunal's order. \r

The petitioner argued that since they were not considered a "dealer" under the DVAT Act, the deposited amount was unlawfully retained for 17 years. The court held that interest should be calculated from the date of the Tribunal's order, applying the statutory rate of 6% per annum. \r

Additionally, interest on penalty amount set aside by the Tribunal should be calculated from the date of its order until the date of refund.