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2017 (12) TMI 1249 - AT - Central ExciseInterest on delayed refund - case of appellant is that they are entitled to interest for the period starting from three months after the date of filing refund claim to the date of sanctioned of the said refund claim - Held that: - in terms of Circular F. No.275/37/2000-CX dated 2-1-2002 , which is applicable retrospectively, the refund would have been due immediately after Commissioner(Appeals) set aside the demand in respect of which the said pre-deposit was sustainable i.e. on 6-5-1999. Appellant filed refund claim 4-9-2000 and are seeking interest from the period three months thereafter till the sanction of refund - appellant become entitled to refund immediately after the said demand was set aside by Commissioner(Appeals) - refund allowed - appeal allowed - decided in favor of appellant.
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