Bombay HC rules 6% interest under CGST Act payable from 60 days after original refund application, even if initial claim was later allowed on ...

Bombay High Court held that interest under Section 56 of the CGST Act must be paid from 60 days after the original refund application, even if the refund is granted later following an appellate order.

Businesses will soon be able to secure Goods and Services Tax (GST) registration in just three calendar days, with 95 percent of applications expected to be cleared within this timeframe, sources in ...

Cumulative GST revenue for the current fiscal year has grown 8.4% to ₹7.1 trillion after refunds. (Image: Pixabay) New Delhi: The Centre and state governments collected ₹1.96 trillion in Goods and ...