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Can we ask for interest on delayed refund

25 August 2022

I have received intimation order dt.27/07/2022 having Refund of Rs.9600/- But even after passing of more than 20 days refund not received Dept has calculated interest up to 27th July -22
I have come to know morethan 5 case in which Intimation recd but refund not credited in Bank Account
I have raised Grevance on portal & waiting for replay
can we ask for interest on refund amt for delayed refund for more than month

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9 Replies

Mahesh Shah (2308 Points)
Replied 26 August 2022

In my case rec intimation on 28/7/22 refund amt 73000/- and portal has not calculated int on refund though elegible as refund more than 10 percent raised several grivence but still even 73000/- is not credited....forget int part.....all grivences closed without resolution....refund still pending

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Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (166946 Points)
Replied 26 August 2022

Though the interest over delay in refund is out of question, but need not worry, It gets credited by about 20 working days, provided you have validated account.

Mr. Shah Which bank you have account with?

Mahesh Shah (2308 Points)
Replied 26 August 2022

@ Dhirajlal ji......canara bank..prevalidated on 2021....nominated for refund ...all active status

Dhirajlal Rambhia (SEO Sai Gr. Hosp.) (166946 Points)
Replied 26 August 2022

So... Merging Problem... in 2021.

Check IFS code again.

If refund not received in next ten days; prefer re-validation of account...

Mahesh Shah (2308 Points)
Replied 26 August 2022

Ok....IFSC code remains same as canara bank has merged other banks in it....asls no pending action in worklist....also no pending demand or e proceeding....banks which have been merged with canara bank....their IFSC code will change to canara bank.......it seems my refund still not sent to SBI for further distribution.....CPC conformed my validated bank ac & standard answer....please Waite for some time....it will soon be credited......Now qs is how soon??? No time period.....so in helpless state