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2018 (2) TMI 1550 - AT - Central ExciseRefund claim - interest charged on the tax paid prior to the commencement of five year period of limitation - Held that: - Interest is a burden that accrues to ineligible utilisation of amounts that otherwise should have been at disposal of the public exchequer. Undoubtedly, no tax or duty is recoverable for the period that lies beyond the limitation prescribed in the statute and such tax not being recoverable, interest burden thereon should not lie even if the tax by sheer mischance, ended up in the funds of the Government of India - the appellant has closed the doors to his claim of refund of interest on ground of equity - appeal dismissed - decided against appellant.
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