Refunds

(1) The Commissioner shall, in the prescribed manner, refund to a dealer any sum paid by such dealer in excess of the sum due from him under this Act, either by cash payment or at the option of the dealer by set off against the sum due from him in respect of any other period. (2) If a refund not being a refund under the second proviso to sub-section (1) of section 20 is not made within ninety days of such refund being due, the State Government shall pay to such dealer simple interest at the rate of six per centum per annum on the amount refundable. (3) Refund under this Act shall be deemed to be due— (a) in cases where the tax assessed has been reduced in appeal or revision, from the date of the order of the appellate or revisional authority comes to the notice of the assessing authority; and (b) in other cases, on the date an application for refund is made by the party claiming the refund.