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This Court thought fit to award interest @ 9% per annum on delayed refund

Refund — By this application, the applicants seek review of our order to the limited extent that the directions could not have been for making payment @ 9% per annum but, in fact, it should have been @ 6% per annum as provided under Section 56 (interest on delayed refund) of the CGST Act. Held that—we are of the view that no case is made out for review of the order passed by this Court dated 10.07.2019. Having regard to the peculiar facts and circumstances of the case, this Court thought fit to award interest @ 9% per annum.Union of India Vs. Saraf Natural Stone [2020] 22 TAXLOK.COM 084 (Gujarat)

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