Order sanctioning interest on delayed refunds
Rule 94 of the Central Goods and Services Tax Rules, 2017 deals with order sanctioning interest on delayed refunds. Where any interest is due and payable to the applicant under section 56 , the proper officer shall make an order along with a [payment order] in FORM GST RFD-05 , specifying therein the amount of refund which is delayed, the period of delay for which interest is payable and the amount of interest pa The Act came into force on 22 Jun 2017.
Where any interest is due and payable to the applicant under section 56 , the proper officer shall make an order along with a 1 [payment order] in FORM GST RFD-05 , specifying therein the amount of refund which is delayed, the period of delay for which interest is payable and the amount of interest payable, and such amount of interest shall be electronically credited to any of the bank accounts of the applicant mentioned in his registration particulars and as specified in the application for refund. "payment advice".
Amendment notes
1. Substituted vide Notification No. 31/2019 - CT dated 28.06.2019 with effect from 24.09.2019 as notified by Notification No. 42/2019-CT dated 24.09.2019 for
Rule 94, The Central Goods and Services Tax Rules, 2017 (Act G.S.R. 610(E) of 2017).
Cross-references
Extracted from the operative text of the enactments themselves. Every destination below exists in our corpus.
This section refers to
Questions about Rule 94
What does Rule 94 of the Central Goods and Services Tax Rules deal with?
Rule 94 of the Central Goods and Services Tax Rules is headed "Order sanctioning interest on delayed refunds". Where any interest is due and payable to the applicant under section 56 , the proper officer shall make an order along with a [payment order] in FORM GST RFD-05 , specifying therein the amount of refund which is delayed, the period of delay for which interest is payable and the amount of interest pa
How do I find court cases under Rule 94 of the Central Goods and Services Tax Rules?
In judgments and charge sheets this rule is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: CGST Rules 2017 94, rule 94 CGST Rules 2017, rule 94 of the Central Goods and Services Tax Rules. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
What should I read with Rule 94 of the Central Goods and Services Tax Rules, and has it changed?
Its own text turns on rule 56 (Maintenance of accounts by registered persons), so none of them can safely be read on its own.
When did Rule 94 of the Central Goods and Services Tax Rules come into force?
Rule 94 of the Central Goods and Services Tax Rules, cited as CGST Rules 2017 94, came into force on 22 Jun 2017, having been enacted on 19 Jun 2017. It is in force as at the date shown on this page.
Other rules of this Act
- 89. Application for refund of tax, interest, penalty, fees or any other amount3731 words
- 43. Manner of determination of input tax credit in respect of capital goods and reversal thereof in certain cases3015 words
- 138. Information to be furnished prior to commencement of movement of goods and generation of e-way bill2970 words
- 42. Manner of determination of input tax credit in respect of inputs or input services and reversal thereof2706 words
- 164. Procedure and conditions for closure of proceedings under section 128A in respect of demands issued under section2150 words
- 8. Application for registration2144 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Parsed from the consolidated PDF published by CBIC at taxinformation.cbic.gov.in. The provision list against which this parse was checked comes from the same portal, so a rule the document omits is still recorded. This page is not a substitute for legal advice.