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2010 (12) TMI 278 - AT - Central ExciseRefund - The original TRC was produced on 01.09.2004 and refund order was passed on 14.09.2004 - However, no interest was granted - The respondents therefore, filed appeal before the Commissioner (Appeals) which came to be allowed and the Commissioner directed payment of interest from the date of the order of the Tribunal - Held that: - certainly the amount was required to be refunded within three months from the date of declaration of the order. Since the order was pronounced in the open Court, and absence of knowledge of the said order can not be pleaded and the interest liability obviously would commence w.e.f. 01.04.2004. Obviously, to that extent, the Commissioner (Appeals) erred in directing payment of interest from 31.12.2003. - the appeal partly succeed, the impugned order is modified to the extent that the interest liability would commence from 01.04.2004.
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