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2013 (5) TMI 755 - AT - Service TaxInterest on Refund - initially the amount was credit to Consumer Welfare Fund later cash refund was allowed - held that:- It is undisputed that the refund sanctioned by the first appellate authority has attained finality as Revenue is not challenging such a refund order. On being served upon such an order, the Revenue Authorities took their own time to grant the refund to the appellant. - the appellant’s contention is correct as regards, claim of interest from 01.04.09 to 31.10.11 as Hon’ble Supreme Court in the case of Ranbaxy Laboratories Ltd. (2011 (10) TMI 16 - Supreme Court of India) in paragraph No.15 settled the law - interest on refund allowed. - decided in favor of assessee.
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