https://www.taxtmi.com/article/detailed?id=11736 Interest on delayed GST refunds becomes payable when the tax authority withholds an exporter's IGST refund beyond the statutory processing period without adequate explanation. Where a refund was retained due to alleged Input Tax Credit mismatches and the taxpayer was placed in a risk category without reasons, the taxpayer may seek interest under the CGST remedial scheme from the expiry of the statutory period until disbursement, consistent with judicial precedent affirming interest for delayed refunds. en-us Wed, 16 Aug 2023 11:07:30 +0530 Wed, 16 Aug 2023 11:07:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11736 Interest on delayed GST refunds becomes payable when the tax authority withholds an exporter's IGST refund beyond the statutory processing period without adequate explanation. Where a refund was retained due to alleged Input Tax Credit mismatches and the taxpayer was placed in a risk category without reasons, the taxpayer may seek interest under the CGST remedial scheme from the expiry of the statutory period until disbursement, consistent with judicial precedent affirming interest for delayed refunds. Articles Goods and Services Tax - GST Wed, 16 Aug 2023 11:07:30 +0530 https://www.taxtmi.com/article/detailed?id=11736