Sir eway bill minor error penality 699168 was levied by Gujrat Gst dept on 14.09.2023. Appeal was filed and now as per order 649168 credited on 15.07.2026 after deducting 50000 as penality. Whether interest for period 14.09.2023 to 15.07.2026 is available
Interest on gst penality refund
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Interest on appellate pre-deposit applies from payment until refund when the amount becomes refundable under an appellate order.
Interest is payable from the date of payment to the date of refund where an amount paid as appellate pre-deposit becomes refundable following an appellate order. Form GST RFD-01 may be filed electronically with the relevant orders, payment details and a computation that separately identifies the refund, appellate pre-deposit and interest claimed. Interest on other appellate-order refunds may apply where the refund is delayed beyond the prescribed period after receipt of the refund application. Refund-processing jurisdiction should be verified before pursuing the claim. (AI Summary)
Interest is payable from the date of payment to the date of refund where an amount paid as appellate pre-deposit becomes refundable following an appellate order. Form GST RFD-01 may be filed electronically with the relevant orders, payment details and a computation that separately identifies the refund, appellate pre-deposit and interest claimed. Interest on other appellate-order refunds may apply where the refund is delayed beyond the prescribed period after receipt of the refund application. Refund-processing jurisdiction should be verified before pursuing the claim. (AI Summary)
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