https://www.taxtmi.com/acts?id=24001 Interest is payable on delayed GST refunds where tax ordered to be refunded under section 54(5) is not refunded within sixty days of the refund application. The notified rate may not exceed six per cent, and the interest runs for the delay beyond the sixty-day period until refund, subject to prescribed conditions and restrictions. Where the refund follows a final order of an adjudicating authority, Appellate Authority, Appellate Tribunal, or court, a higher notified rate not exceeding nine per cent may apply from the day after expiry of sixty days until refund. en-us Mon, 27 Mar 2017 17:20:39 +0530 Thu, 25 Jun 2026 18:03:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=24001 Interest is payable on delayed GST refunds where tax ordered to be refunded under section 54(5) is not refunded within sixty days of the refund application. The notified rate may not exceed six per cent, and the interest runs for the delay beyond the sixty-day period until refund, subject to prescribed conditions and restrictions. Where the refund follows a final order of an adjudicating authority, Appellate Authority, Appellate Tribunal, or court, a higher notified rate not exceeding nine per cent may apply from the day after expiry of sixty days until refund. Act-Rules GST Mon, 27 Mar 2017 17:20:39 +0530 https://www.taxtmi.com/acts?id=24001