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.