Section 27A: Interest on tax unpaid or amount repaid or refunded in excess

27A. Interest on tax unpaid or amount repaid or refunded in excess (1) Interest at the rate of one per cent per month or part of the month shall be paid to the Director-General on— (a) any tax unpaid under section 9, 21 (7) or 66 (4) from the date the tax remained unpaid to the date of payment; continued on page V4 – 25 V4 – 24 (5) [Issue 10] Revised Laws of Mauritius (b) any amount claimed by the Director-General in respect of tax repaid in excess and on any amount paid thereon as interest under section 24 from the date of the repayment up to the date of payment of the amount claimed; or (c) any amount claimed by the Director-General under section 67 in respect of tax refunded, exempted or reduced erroneously— (i) from the date of the erroneous refund, exemption or reduction to the date specified in the notice under section 67; and (ii) in the case of non-payment by the date specified in the notice under section 67, from that date to the date of payment of the amount claimed. (2) The interest under subsection (1) shall not apply to any penalty under section 15A, 20B, 20C, 24 (9), 26, 26A, 27 or 37A. [S. 27A inserted by s. 31 (j) of Act 15 of 2006 w.e.f. 1 October 2006; amended by s. 57 (f) of Act 10 of 2017 w.e.f. 24 June 2017; s. 69 (g) of Act 11 of 2018 w.e.f. 9 August 2018.] PART VIA – PUBLIC SECTOR AGENCY TO DEDUCT AN AMOUNT FROM VAT [Part VIA inserted by s. 53 (h) of Act 9 of 2015 w.e.f. 1 July 2016; repealed by s. 58 (f) of Act 18 of 2016 w.e.f. 1 July 2016.] 27B. — [S. 27B inserted by s. 53 (h) of Act 9 of 2015 w.e.f. 1 July 2016; repealed by s. 58 (f) of Act 18 of 2016 w.e.f. 1 July 2016.] 27C. — [S. 27C inserted by s. 53 (h) of Act 9 of 2015 w.e.f. 1 July 2016; repealed by s. 58 (f) of Act 18 of 2016 w.e.f. 1 July 2016.] PART VIB – VAT RELATING TO SMALL ENTERPRISE [Part VIB inserted by s. 53 (h) of Act 9 of 2015 w.e.f. 1 July 2015.]