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Article 144 - Compensation for Overpayment of Tax

Tax repayable under the provisions of these Regulations and the Tax Rules, excluding any repayment made pursuant to Article 130, shall carry compensation at the rate stipulated in the Tax Rules (TAX 10) from the later of—

(a) the date on which the amount being repaid was received by the Tax Department; and
(b) the due and payable date for that amount in accordance with Article 140(1), to the date of repayment.
Amended (as from 18th June 2014)