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2018 (11) TMI 1520 - CESTAT HYDERABADInterest on the amount of refund already sanctioned - Section 11BB of the Central Excise Act, 1944 - period 01.09.2004 to 31.03.2008 - Held that:- It is a settled position of law that interest under Sec. 11BB should be allowed to the assessee whenever there is delay in sanctioning the refund beyond the period of three months from the date of filing of the application for refund - the interest amount may be recalculated at the appropriate rates and the interest should be granted to the appellant forthwith. Refund of Service Tax with Interest - period involved is from 01.09.2004 to 30.09.2007 - Time limitation - Held that:- The period between 01.06.2007 to 30.09.2007 falls beyond the period of limitation of one year and accordingly the service tax paid during that period is refundable. The demand of ₹ 2,95,001/- pertaining to period 01.06.2007 to 30.09.2007 on limitation was set aside by the Tribunal and hence the amount is refundable to the appellant. Appeal allowed - decided in favor of appellant.
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