Assessee intitled to Interest immediately after the expiry of sixty days from date of refund applications till date on which refund was credited to bank account
Last updated: 06 April 2024
Court :
Delhi High Court
Brief :
The Hon'ble Delhi High Court, in the case of Raghav Ventures vs. Commissioner of Delhi [W.P.(C) NO. 12209 OF 2023 dated March 01, 2024], held that the Petitioner is automatically entitled to interest at 6% under Section 56 of the Central Goods and Services Tax Act("the CGST Act") if the refund is not processed within 60 days from the date of refund application till date on which refund was credited to the bank account of the Petitioner.
Citation :
W.P.(C) NO. 12209 OF 2023 dated March 01, 2024
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Bimal Jain
Published in GST
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