Section 56 - Interest on delayed refunds of CGST ACT, 2017

             56. If any tax ordered to be refunded under sub-section (5) of section 54 to any
applicant is not refunded within sixty days from the date of receipt of application under subsection
(1) of that section, interest at such rate not exceeding six per cent. as may be specified
in the notification issued by the Government on the recommendations of the Council shall be
payable in respect of such refund from the date immediately after the expiry of sixty days
from the date of receipt of application under the said sub-section till the date of refund of
such tax:
           Provided that where any claim of refund arises from an order passed by an adjudicating
authority or Appellate Authority or Appellate Tribunal or court which has attained finality
and the same is not refunded within sixty days from the date of receipt of application filed
consequent to such order, interest at such rate not exceeding nine per cent. as may be
notified by the Government on the recommendations of the Council shall be payable inrespect of such refund from the date immediately after the expiry of sixty days from the date
of receipt of application till the date of refund.
           Explanation.––For the purposes of this section, where any order of refund is made by
an Appellate Authority, Appellate Tribunal or any court against an order of the proper
officer under sub-section (5) of section 54, the order passed by the Appellate Authority,
Appellate Tribunal or by the court shall be deemed to be an order passed under the said
sub-section (5).

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