SECTION 115 - INTEREST ON REFUND OF AMOUNT PAID FOR ADMISSION OF APPEAL - Handbook of GST Law & Procedures (CBIC) [October 2024] - GST

13. SECTION 115 - INTEREST ON REFUND OF AMOUNT PAID FOR ADMISSION OF APPEAL In the event of appeal filed by a taxpayer being decided in favour of the taxpayer, the amount of pre-deposit shall be refunded with interest at rate specified under Section 56 of the CGST Act, 2017. The period for payment of interest payable shall be computed from date of payment of pre-deposit till date of refund of the amount.