Interest on delayed refunds
Section 39
Bill
REFUNDS
MODEL GST LAW – GOODS AND SERVICES TAX ACT, 2016 – Draft June 2016
39. Interest on delayed refunds
If any tax refundable under section 38 to any applicant is not refunded within three months from the date of receipt of application under sub-section (1) of that section, interest at such rate as may be specified in the notification issued by the Central or a State Government on the recommendation of the Council shall be payable
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