https://www.taxtmi.com/article/detailed?id=7279 Interest on refunds of mandatory pre-deposit in appellate proceedings is payable from the date of payment until the date of refund at the prescribed interest rate. Pre-deposit payments made before the transitional cut-off remain governed by the earlier provision that limited interest to periods after receipt of a refund application if refund was not sanctioned within a fixed interval. Pending refund claims must be disposed of under the earlier law, so assessees may face difficulty claiming interest for pre-cut-off deposits despite the revised, more favourable rule for later deposits. en-us Wed, 15 Feb 2017 07:22:12 +0530 Wed, 15 Feb 2017 07:22:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7279 Interest on refunds of mandatory pre-deposit in appellate proceedings is payable from the date of payment until the date of refund at the prescribed interest rate. Pre-deposit payments made before the transitional cut-off remain governed by the earlier provision that limited interest to periods after receipt of a refund application if refund was not sanctioned within a fixed interval. Pending refund claims must be disposed of under the earlier law, so assessees may face difficulty claiming interest for pre-cut-off deposits despite the revised, more favourable rule for later deposits. Articles Goods and Services Tax - GST Wed, 15 Feb 2017 07:22:12 +0530 https://www.taxtmi.com/article/detailed?id=7279