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2017 (6) TMI 105 - AT - Central ExciseInterest on delayed refund - whether the appellant is required to file an application to claim interest on delayed refund in terms of Section 11BB of the CEA, 1944 or not? - Held that: the issue has been examined by the Hon’ble High Court of Allahabad in the case of Siddhant Chemicals [2014 (5) TMI 59 - ALLAHABAD HIGH COURT], where it was held that A bare perusal of Section 11BB of the Act, reveals that the payment of interest is not depended on the claim by the party. It is automatic - the appellant is not required to file an application to claim interest on delayed refund in terms of section 11BB of the Act - appeal allowed - decided in favor of appellant.
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