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2019 (2) TMI 499 - AT - CustomsInterest on delayed refund - relevant time for calculation of interest - Refund of excess duty paid under protest - rejection of refund was on the ground of time limitation - Section 11BB of Central Excise Act, 1944 - Held that:- The appellant had filed refund claim on 06.07.1989 and reminder on 06.04.1994 - Appellant are eligible to interest on expiry of three months from the date when the Finance Bill, 1994 received the assent of the President of India i.e. on 26.05.1995. Consequently, interest is available to the appellant from 27.08.1995 till the date, the amount was paid to them - appeal allowed - decided in favor of appellant.
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