Interest rates under GST fixed for default and refund provisions, with specified annual rates and a July commencement. Prescribes annual interest rates under the State GST Act for different statutory interest provisions, including interest on late payment, enhanced interest for specified defaults, interest relating to refunds and interest under the proviso to the refund provision; rates are set out in a table and the notification takes effect from 1 July 2017.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Interest rates under GST fixed for default and refund provisions, with specified annual rates and a July commencement.
Prescribes annual interest rates under the State GST Act for different statutory interest provisions, including interest on late payment, enhanced interest for specified defaults, interest relating to refunds and interest under the proviso to the refund provision; rates are set out in a table and the notification takes effect from 1 July 2017.
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