<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Department’s interest meter on refunds keeps ticking after 60 days of application... if taxpayer wins in appellate proceedings</title>
    <link>https://www.taxtmi.com/article/detailed?id=12143</link>
    <description>Entitlement to interest on delayed GST refunds arises when tax is ordered refunded and not paid within sixty days of a complete refund application; where an appellate or court order grants the refund, that order is deemed to be an order under the refund provision and interest is payable from the date immediately after the sixty-day statutory period on the application filed consequent to such order, at either the standard rate or an enhanced rate when the refund follows a final appellate or judicial order.</description>
    <language>en-us</language>
    <pubDate>Tue, 19 Dec 2023 10:10:05 +0530</pubDate>
    <lastBuildDate>Tue, 19 Dec 2023 10:38:12 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=735692" rel="self" type="application/rss+xml"/>
    <item>
      <title>Department’s interest meter on refunds keeps ticking after 60 days of application... if taxpayer wins in appellate proceedings</title>
      <link>https://www.taxtmi.com/article/detailed?id=12143</link>
      <description>Entitlement to interest on delayed GST refunds arises when tax is ordered refunded and not paid within sixty days of a complete refund application; where an appellate or court order grants the refund, that order is deemed to be an order under the refund provision and interest is payable from the date immediately after the sixty-day statutory period on the application filed consequent to such order, at either the standard rate or an enhanced rate when the refund follows a final appellate or judicial order.</description>
      <category>Articles</category>
      <law>Goods and Services Tax - GST</law>
      <pubDate>Tue, 19 Dec 2023 10:10:05 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=12143</guid>
    </item>
  </channel>
</rss>