Tax Refunds & Interest/Compensation (Sections 111 & 111D ACP)

Contents

1. Introduction
2. Legal basis: section 111 ACP
3. Types of eligible overpayments
4. Refund period
5. 2% compensation — section 111D ACP
6. Refund methods
7. Frequently Asked Questions (FAQ)
8. Official sources

Introduction

If you have overpaid tax beyond what was due, HASiL will process a refund of the overpayment. This article explains the refund procedure under section 111 ACP and the 2% compensation under section 111D ACP, as documented in HASiL's Tax Collection Framework (2021).

Legal basis: section 111 ACP

Types of eligible overpayments

Refund period

2% compensation — section 111D ACP

Refund methods

Refunds can be made through the taxpayer's own account, DuitNow or EFT, as stated in the Tax Collection Framework (§9.5 and Explanatory Note).

Frequently Asked Questions (FAQ)

Q: How long do I wait for a refund? A: 30 working days from the date of receipt of the return form via e-Filing (for qualifying cases).

Q: What is the compensation rate if a refund is late? A: 2% of the refund amount, from the Year of Assessment 2013, under section 111D ACP. Full conditions are subject to 03 verification.

Q: Which forms are relevant? A: The relevant return form (e.g., e-BE/e-B via e-Filing), and the refund provisions under s.107 (PCB), s.107B (CP500), s.107C (CP204/CP204A/CP205) or s.103 (overpayment).