https://www.taxtmi.com/caselaws?id=437156 Delhi HC held that statutory interest under Section 56 of CGST Act, 2017 on delayed refund is payable from 60 days after application receipt date, not from export completion date. The petitioner sought ITC refund where purchases were made in earlier months but exports occurred in subsequent months. Revenue partially denied refund claiming monthly export values were less than purchases. Court ruled interest should run from application date plus 60 days until actual refund remittance for both CGST and DGST components. Revenue directed to pay interest within two weeks. en-us Mon, 13 Mar 2023 00:00:00 +0530 Wed, 16 Apr 2025 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437156 Delhi HC held that statutory interest under Section 56 of CGST Act, 2017 on delayed refund is payable from 60 days after application receipt date, not from export completion date. The petitioner sought ITC refund where purchases were made in earlier months but exports occurred in subsequent months. Revenue partially denied refund claiming monthly export values were less than purchases. Court ruled interest should run from application date plus 60 days until actual refund remittance for both CGST and DGST components. Revenue directed to pay interest within two weeks. Case-Laws GST Mon, 13 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437156