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2017 (2) TMI 617 - AT - Central ExciseInterest on the delayed payment of rebate claims - export of goods - whether the appellant are eligible for interest from three months after the date of sanctioning the rebate for the reason that the appropriation was illegal and against the provisions of law? - Held that: - the assessee is entitled to interest for delay in payment of sanctioned rebate on account of the sanctioned rebate being adjusted to pending arrears which have not reached finality - The appropriation of the amount, prior to the demand attaining its finality, and also during the pendency of the stay application is highly harsh on the assessee. The appellant is eligible for interest after three months from the date of filing the rebate claim till the actual payment of refund - appeal allowed - decided in favor of appellant.
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