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2019 (2) TMI 581 - AT - Service TaxInterest on delayed refund - relevant date for calculation of Interest - Section 11B of the Central Excise Act - Held that:- The Hon’ble Apex Court in the case of Ranbaxy Laboratories Ltd. Vs. UOI [2011 (10) TMI 16 - SUPREME COURT OF INDIA] has upheld grant of interest in case of late disbursal of refund from the expiry of three months of refund application till refund is granted and not from the date of order of refund. The original authority is directed to compute the interest as per the direction of the Hon’ble Apex Court in the case of Ranbaxy Laboratories Ltd. and grant the interest within a period of three months from the date of receipt of this order - appeal allowed - decided in favor of appellant.
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