https://www.taxtmi.com/caselaws?id=434300 Punjab and Haryana HC ruled in favor of petitioner seeking interest on delayed GST refund. The court held that respondents must pay interest from the date of original application filing (5.4.2019) under Sections 54 and 56 of GST Act, rejecting respondents' argument that interest should be computed from 60 days after application filing. The court found respondents' withholding of approximately Rs.108 crores for two and a half years unreasonable and unjustified, emphasizing that provisions relating to interest on delayed refund payments are beneficial and non-discriminatory. The impugned order dated 22.12.2021 was partially quashed regarding interest component, and petition was allowed. en-us Fri, 06 Jan 2023 00:00:00 +0530 Mon, 14 Apr 2025 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434300 Punjab and Haryana HC ruled in favor of petitioner seeking interest on delayed GST refund. The court held that respondents must pay interest from the date of original application filing (5.4.2019) under Sections 54 and 56 of GST Act, rejecting respondents' argument that interest should be computed from 60 days after application filing. The court found respondents' withholding of approximately Rs.108 crores for two and a half years unreasonable and unjustified, emphasizing that provisions relating to interest on delayed refund payments are beneficial and non-discriminatory. The impugned order dated 22.12.2021 was partially quashed regarding interest component, and petition was allowed. Case-Laws GST Fri, 06 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434300