Interest on delayed tax refunds starts from fresh refund application date under Sections 54 and 56

Interest on delayed tax refunds starts from fresh refund application date under Sections 54 and 56Case-LawsGSTThe HC held that interest on delayed tax refunds is to be calculated from the date of receipt of the fresh refund application, not from the date

Interest on delayed tax refunds starts from fresh refund application date under Sections 54 and 56
Case-Laws
GST
The HC held that interest on delayed tax refunds is to be calculated from the date of receipt of the fresh refund application, not from the date of approval. Under Sections 54 and 56, interest at 6% accrues if the refund is not paid within 60 days from the original order by the proper officer, and at 9% if the refund is delayed beyond 60 days following a fresh application aft

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