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2018 (12) TMI 98 - HC - Central ExciseInterest on delayed refund - Section 11BB of the Central Excise Act - Held that:- Admittedly, the respondents/revenue have refunded a sum of ₹ 59,374/- only on 07.09.2009, despite the order passed by the Commissioner (Appeals) not to chosen to pay the interest, this Court has also observed that the definition of 'debt' under the Interest Act, covered the present event also - this Court is of the considered view that, the writ petitioner/appellant is entitled to interest on the belated refund. The writ petitioner/appellant is entitled to interest @ 6% per annum under the Interest Act, for the period from 06.08.1985 to 26.08.1995 and under Section 11BB of the Central Excise Act from 26.08.1995 to 07.09.2009 - Appeal allowed - decided in favor of appellant.
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