Interest on GST refund arises when appeal or further proceeding later entitles the taxpayer to a withheld refund. When a refund is withheld under Section 54(11) of the CGST/SGST Act, the taxable person is entitled to interest if a subsequent appeal or further ... Summary
Interest on GST refund arises when appeal or further proceeding later entitles the taxpayer to a withheld refund.
When a refund is withheld under Section 54(11) of the CGST/SGST Act, the taxable person is entitled to interest if a subsequent appeal or further proceeding establishes that the refund is due; the interest is payable at the rate notified under Section 54(12).
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