In section 52 of the Value Added Tax Act, in the proviso, the word "provisional" shall be deleted.

Amendment of section 53 of Mah IX of 2005 Amendment of section 53 of Mah. IX of 2005.

52. In section 53 of the Value Added Tax Act, in sub-section (1), for the portion beginning with the words “ Where an amount required to be refunded ” and ending with the words “ date of the refund : ”, the following shall be substituted, namely :—

“ Where an amount required to be refunded by the Commissioner to any person, by virtue of the provisions contained in section 51 or by virtue of an order passed under any other provision of this Act, is not so refunded to him within ninety days of the end of the respective period provided in section 51 or, as the case may be, of the date of the said order, the Commissioner shall pay such person simple interest at the prescribed rate on the said amount from the date immediately following the expiry of the period of ninety days to the date of the refund : ”.