Section 65D: Time limit for refund and payment of interest

65D. Time limit for refund and payment of interest (1) Subject to subsection (3) and section 65A (4), 65B (3) or 65C (5), where the Director-General is satisfied that the applicant is entitled to a refund, he shall proceed to make the refund within 3 months of the date of receipt of the application. (2) Where the refund is made after 3 months from the date of receipt of the application under subsection (1), the refund shall carry interest, free of income tax, at the prevailing Repo rate determined by the Bank of Mauritius. (3) No refund of tax under section 65, 65A, 65B or 65C which is less than 250 rupees or such other amount as may be prescribed shall be made. [S. 65D inserted by s. 30 (k) of Act 26 of 2013 w.e.f. 1 January 2014.]