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2015 (11) TMI 348 - AT - Service TaxClaim of interest - Delayed refund - Unjust enrichment - Held that:- As per the table, the appellant has returned the amount of ₹ 6,11,41,066/- before filing the refund claim and a sum of ₹ 4,37,66,670/- were returned on 28.09.2010 and a sum of ₹ 4,24,78,264/- were returned on 26.05.2011. These facts are admitted by both the sides. It is admitted fact that refund claim was sanctioned to the appellant only on 28.10.2013. Therefore, relying on the decision of Ranbaxy Laboratories Ltd. (2011 (10) TMI 16 - Supreme Court of India) the appellant is entitled for claim of interest on delayed refund of ₹ 6,11,41,066/- after three months from 31.07.2009 till 28.10.2013. For the amount of ₹ 4,37,66,670/- the appellant is entitled for interest for the period 28.09.2010 to 28.10.2013. On the amount ₹ 4,24,78,264/- the appellant is entitled to claim of interest for the period 26.05.2011 to 28.10.2013. - appellant is entitled to claim interest - Decided in favour of assessee.
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