Section 56 of the CGST Act, 2017 —– Interest on Refunds -—- The petitioner prayed for directions to the Respondent to immediately sanction the refund of IGST paid in regard to the goods exported i.e. “Zero Rated Supplies” made vide shipping bills along with interest. The advocate for the petitioner submitted that principal prayer regarding grant of refund does not survive as the petitioner has received the refund amount. However, the claim towards payment of interest survives. The court observed that the petitioner could make appropriate application since grant of interest is contemplated under the statute, before the Authority putting forth his claim for interest.

Held that:- The Hon’ble High Court directed that if such application is made within 15 days, the competent authority shall consider it in accordance with law to decide the same regarding grant of interest to the petitioner within six weeks.