InvestmentsTop Global NewsMarketsReal Estate Interest rate for GST refunds determined by banks’ average prime lending rate: Chee Hong Tat By financialnews_rlv83x - February 26, 2024 0 34 Speaking in parliament, the Transport Minister and Second Minister for Finance also said that the six agencies that had wrongly levied GST on their fees “should be able to refund the vast majority of the affected taxpayers”.