Home Case Index All Cases Central Excise Central Excise + HC Central Excise - 2013 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (9) TMI 910 - HC - Central ExciseInterest from the Date of Deposit on Delayed Refund - Whether the pre-deposit made as a condition precedent for the hearing of the appeals under the Central Excise Act, 1944 was, on the assessee being ultimately successful, refundable to the assessee with interest – Held that:- The said point is concluded by a judgment of this Court in the case of Commissioner of Central Excise, Hyderabad versus I.T.C Ltd[2004 (12) TMI 90 - SUPREME COURT OF INDIA] - the Central Board of Excise & Customs has also issued a circular bearing No.802/35/2004-CX, dated 8th December 2004 allowing payment of interest on delayed refund of amount of pre-deposit - there was no error in the order of the Tribunal refusing to grant interest from the date of deposit - The points raised in the appeal are decided against the appellant – Decided against Assessee.
|