Refund of GST - wrongful payment of tax @ 18% IGST instead of 5% ...

Entitled to GST Refund Due to Overpayment; Interest at 9% Annually for Delayed Refund as per GST Act Section 56.

November 25, 2023

Case Laws GST HC

Refund of GST - wrongful payment of tax @ 18% IGST instead of 5% - the first respondent is entitled for refund as per the order passed by the second respondent and the first respondent is also entitled for interest at the rate of 9% per annum of the refund amount for the delay period in terms of Section 56 of the GST Act. - HC

View Source

← Previous Next →

Refund of GST - wrongful payment of tax @ 18% IGST instead of 5% ...

Entitled to GST Refund Due to Overpayment; Interest at 9% Annually for Delayed Refund as per GST Act Section 56.

November 25, 2023

Case Laws GST HC

You may also like:

Claim of interest on delayed refund, from the date of deposit till the refund of the pre-deposit of principal amount - the assessee is entitled to claim interest from...

Interest on delayed refund - relevant time for calculation of interest - Considering Section 30 of the Act, which stipulates interest on delayed refunds, the court...

Interest on refund of amount deposited during investigation, prior to show cause notice issuance, must be paid from date of deposit till refund. Section 11B and 11BB of...

Interest on delayed refund of IGST paid on export of the goods along with duty drawback - The refund of the petitioner was withheld for almost six months and after six...

Interest u/s 244A on delayed refund - the interest on the delayed refund becomes part of the principle amount and the delayed interest includes the interest for not...

Delay in issuing Refund under Direct Tax Vivad Se Vishwas Scheme 2020 - interest on delayed refund - Despite the issuance of Form No. 5, the refunds for the Assessment...

Interest on delayed refund of SAD - As per the order, the period of delay to mere 7 days whereas as per the appellant the actual delay has been from 857 days to 399 days...

Interest on delayed amount - Refund claim - delay in granting refund of more than 9 years - The petitioner will be entitled for interest for the period 10th February,...

Amendment of section 244A. - additional interest on refund - where a refund arising out of appeal effect is delayed beyond the time prescribed under subsection (5) of...

The court held that the assessee was entitled to refund of Rs. 3,50,00,000/- deposited with the department, along with statutory interest and interest on refunds. The...

Deduction u/s 80IA was allowed despite delay in filing Form 10CCB due to technical glitches on the Income Tax portal. The form was filed 1 hour 22 minutes after the due...

Claim of interest - Delayed refund - Unjust enrichment - appellant is entitled for claim of interest on delayed refund - AT

Interest on delayed payment of Refund – Department is solely responsible for the delayed payment, Interest of justice would be amply met if payment is made of simple...

Direction to refund entire sum deposited by complainants with interest at 12% per annum from date of respective deposit till refund for delay in completion of project...

Interest on delayed refund - Section 11BB of the Central Excise Act - the definition of 'debt' under the Interest Act, covered the present event also - appellant is...

Quick Updates: