https://www.taxtmi.com/highlights?id=64977 Claim of interest on delayed Refund - the only reason the respondents/revenue have denied grant of statutory interest to the petitioner, is because Covid-19 was raging and there was delay in processing the petitioner’s refund - The statutory rate of interest is pegged at 6%. The said interest gets triggered after the expiry of 60 days from the date of receipt of application for refund. - HC en-us Thu, 04 Aug 2022 14:32:54 +0530 Thu, 04 Aug 2022 14:33:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=64977 Claim of interest on delayed Refund - the only reason the respondents/revenue have denied grant of statutory interest to the petitioner, is because Covid-19 was raging and there was delay in processing the petitioner’s refund - The statutory rate of interest is pegged at 6%. The said interest gets triggered after the expiry of 60 days from the date of receipt of application for refund. - HC Highlights GST Thu, 04 Aug 2022 14:32:54 +0530 https://www.taxtmi.com/highlights?id=64977