Contact us   Feedback   Annual Subscription   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2017 (2) TMI 523 - CESTAT HYDERABAD

2017 (2) TMI 523 - CESTAT HYDERABAD - TMI - Interest on delayed refund - Revenue claim that the refund is being made within three months from the date receipt of Final Order of Honorable High Court and therefore, there is no delay on the part of Department to refund the amount - Held that: - the appellants are eligible for interest after three months from the date of filing the refund application 29.05.2001 - the appellant is eligible for interest on the refund amount from 29.08.2001 onwards til .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

uantities of Sulphuric Acid, and erroneously paid duty on the said item. There after they came to know that they were eligible for concessional duty. The appellants then filed refund of the duty paid by them. The application for refund was filed on 29.05.2001, for ₹ 42,19,742/-. The original authority rejected the refund against which the appellant filed appeal before the Commissioner (Appeals) The Commissioner (Appeals) allowed the refund. Against this order the department filed appeal be .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

s preferred before the Honorable High Court of Andhra Pradesh by the Department which was also dismissed vide order dated 06.07.2009. The appellants thereafter sought for refund on the basis of this order and the original authority vide order dated 20.10.2009 allowed the refund of ₹ 42,19,742/- but did not allow interest upon the sanctioned refund. It was observed in para 9 of the said Order-in-Original that the refund is being made within three months from the date receipt of Final Order .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ls) in the second round of allegation i.e., three months after 31.03.2008. Aggrieved by this order, the appellant is now before the Tribunal claiming that the appellant is eligible for interest after three months from date of application of refund. it is also submitted that the appellant has not been paid any interest till this date. 4. On behalf of the Department the Ld. M Chandra Bose reiterated the findings in the impugned order. 5. The Senior General Manager of the appellant Shri. Prasad exp .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version