2008 (7) TMI 63 - HC - Central Excise

Tribunal directed to refund the amount in cash in respect of the personal ledger account (PLA) - authorities unjustly stopped the realization of the said fund in favour of the respondent and thereby failed to act in accordance with natural justice - Tribunal after going through the records and materials placed before it has correctly come to the conclusion of cash refund of amount lying in PLA order of tribunal is justified revenue s appeal is dismissed

Summary

The High Court of Calcutta dismissed the appeal challenging the order of the Appellate Tribunal regarding refund of cash from a personal ledger account. The Court upheld the Tribunal's decision, stating that no substantial question of law was involved.