Articles on Gst Refund

Interest on refund under GST - Notified at 6% per annum

Interest on refunds of Input tax Credit or Cash ledger under GST at 6% - Interest on refund in case of exports or zero rated supplies

By Paras Mehra June 28, 2017

The government has finally notified the interest rate on refund under GST at 6% via notification 13/2017 dated 28th June, 2017. As per section 54(12), if any refund is withheld for more than due date, then the government shall be liable to refund the tax.

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