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Central Excise - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Only provision granting interest on delayed refund is provided ...


Interest on Delayed Refunds Must Follow Section 11BB Rates, Not Supreme Court Orders.

April 25, 2016

Case Laws     Central Excise     AT

Only provision granting interest on delayed refund is provided u/s 11BB, therefore interest shall be payable as per the rate prescribed thereunder and not as per Supreme Court order in any case - AT

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