Trigger date for Interest on delayed funds

Interest on delayed GST refunds accrues from 60 days after the original refund application date — not from any re-filing made after the department’s rejection is set aside on appeal. The Honble Mumbai HC directed interest at 6% p.a. from 60 days after the original refund application until actual refund credit, quashing the denial of interest. A quick snapshot by J the App by JustIDT