Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>Interest Payable on Pre-Deposit Refund Under GST Act: Section 115 Mandates Interest from Payment to Refund Date.</h1> Interest is payable on the refund of a pre-deposit amount under the GST Act. According to Section 115, if an amount deposited by an appellant under Section 107(6) or Section 112(8) is refunded following an order by the Appellate Authority or Tribunal, interest must be paid. The interest rate is specified under Section 56 and applies from the date of payment until the refund date.