https://www.taxtmi.com/caselaws?id=790351 Interest is payable on delayed IGST refund arising from export shipments where the refund had attained finality but was released only after the statutory period. On a conjoint reading of Sections 54 and 56 of the CGST Act, once a refundable tax amount is not paid within sixty days from the refund application, interest follows for the period of delay. Administrative or verification-related delays do not displace the statutory obligation. The refund claim was treated as arising from the shipping bills, and the balance refund having been released during the writ proceedings, the court held that interest remained payable on the delayed refund. en-us Wed, 15 Apr 2026 00:00:00 +0530 Thu, 23 Apr 2026 09:45:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790351 Interest is payable on delayed IGST refund arising from export shipments where the refund had attained finality but was released only after the statutory period. On a conjoint reading of Sections 54 and 56 of the CGST Act, once a refundable tax amount is not paid within sixty days from the refund application, interest follows for the period of delay. Administrative or verification-related delays do not displace the statutory obligation. The refund claim was treated as arising from the shipping bills, and the balance refund having been released during the writ proceedings, the court held that interest remained payable on the delayed refund. Case-Laws GST Wed, 15 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790351