TaxTMI 
TaxTMI 
Interest on gst penality refund
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....nterest on gst penality refund <br> Query (Issue) Started By: - satbir singhwahi Dated:- 16-8-2026 Goods and Services Tax - GST <br> Got 3 Replies <br> GST<br> <br> Sir eway bill minor error penality ....
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....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.....
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....07.2026 is available --Reply By: KASTURI SETHI The Reply: Yes. Section 115 is very much clear. No doubt. --Reply By: Raam Srinivasan Swaminathan Kalpathi The Reply: Dear Querist You are covere....
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....d by Section 115 of the CGST Act, 2017. The said section provides Interest on refund of amount paid for admission of appeal. Where an amount paid by the appellant under sub-section (6) of section 107 ....
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....or sub-section (8) of section 112 is required to be refunded consequent to any order of the Appellate Authority or of the Appellate Tribunal, interest at the rate specified under section 56 shall be p....
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....ayable in respect of such refund from the date of payment of the amount till the date of refund of such amount. Kindly apply for interest on the refunded amount. Interest cannot be denied. --- Sub-Re....
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....ply By: satbir singhwahi The Sub-Reply: Thanks Sir <br>***<br> Discussion Forum - Knowledge Sharing....