Interest on delayed GST refunds becomes payable after expiry of the prescribed statutory period until payment is made.

Interest is payable on tax refunds not paid within the prescribed statutory period after receipt of a refund application; the rate is subject to a government specified cap and accrues from the day after the expiry of that period until refund. If the refund follows a final adjudicative or appellate order, a higher capped interest rate may apply, and appellate or court orders directing refund are treated as orders under the primary refund provision for interest purposes.

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