Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Delayed Tax Refunds in Arunachal Pradesh GST Act May Incur 6% to 9% Interest Post 60 Days per Section 56.</h1> Section 56 of the Arunachal Pradesh Goods and Services Tax Act, 2017 mandates that if a tax refund is not processed within sixty days from the application receipt date, interest up to six percent is payable from the sixty-first day until the refund is issued. If the refund results from a final order by an adjudicating authority or court and is delayed beyond sixty days, the interest rate may increase to nine percent. An order from an Appellate Authority, Tribunal, or court is considered equivalent to an order under sub-section (5) of section 54 for refund purposes.