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2015 (10) TMI 368 - AT - Central ExciseClaim of interest on refund - delayed refund has been sanctioned u/s 11B - Held that:- It is clear from the facts of the case that department had not carried out the necessary verifications while disposing of the refund applications and when the matter reached to the Hon'ble CESTAT it categorically directed to conduct verification to clinch the issue. Therefore, there was no fault on the part of the appellants and the appellants were not responsible for delay that was caused for coming to correct decision in the matter. Department directed to pay interest, on the refund amount sanctioned, calculated at the notified rate/s, to the appellants as per provisions of Section 11BB of the Central Excise Act, 1944, for the period of delay as mentioned above. - Decided against the revenue.
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