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Central Excise - Highlights / Catch Notes

Home Highlights February 2016 Year 2016 This

Demand of interest - Taking suo-moto credit of duty paid earlier ...


Tribunal Order Grants Refund, Establishing Revenue Neutrality; Interest and Penalty Demands Dropped.

February 24, 2016

Case Laws     Central Excise     AT

Demand of interest - Taking suo-moto credit of duty paid earlier for with refund was sought for - since the appellant was entitled to refund after Tribunal order dated 24/1/2008 it is a case of Revenue neutral therefore interest and penalties are dropped. - AT

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