Delayed GST refund interest payable from 60 days after shipping bill till actual refund, despite interim red-flagging.
Case-Laws
GST
Interest on delayed refund of tax u/s 56 of Central Goods and Services Tax Act, 2017 is payable from expiry of 60 days from date of filing shipping bill till date of actual refund, irrespective of any interim period where assessee's name was red-flagged on department's portal. Section 56 provides for period of interest payment, commencing from date of rece
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