https://www.taxtmi.com/caselaws?id=425974 HC ruled that statutory interest at 6% must be paid on a delayed tax refund, rejecting revenue's arguments about COVID-19 related delays. The court emphasized the compensatory nature of statutory interest under Section 56 of the Central GST Act, 2017, and directed respondents to pay the interest to the petitioner within a specified timeframe. en-us Thu, 21 Jul 2022 00:00:00 +0530 Sat, 05 Apr 2025 11:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425974 HC ruled that statutory interest at 6% must be paid on a delayed tax refund, rejecting revenue's arguments about COVID-19 related delays. The court emphasized the compensatory nature of statutory interest under Section 56 of the Central GST Act, 2017, and directed respondents to pay the interest to the petitioner within a specified timeframe. Case-Laws GST Thu, 21 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425974