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Central Excise - Highlights / Catch Notes

Home Highlights February 2012 Year 2012 This

Revenue encashed the bank guarantee while the appeal was pending ...


Court Deems Encashment of Bank Guarantee During Pending Appeal Unjust, Orders Refund to Petitioner.

February 10, 2012

Case Laws     Central Excise     HC

Revenue encashed the bank guarantee while the appeal was pending - Not to order refund of the amount due to encashment of BG even while the appeal of the petitioner is pending, in our considered opinion, amounts to adding insult to injury. .... - HC

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