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Central Excise - Highlights / Catch Notes

Home Highlights April 2017 Year 2017 This

Refund claim - unjust enrichment - encashed amount of bank ...


Refund Claim on Bank Guarantee Encashment Treated as Excise Duty Subject to Unjust Enrichment u/s 11B.

April 11, 2017

Case Laws     Central Excise     AT

Refund claim - unjust enrichment - encashed amount of bank guarantee which is nothing else than the excise duty is clearly governed by the provisions of unjust enrichment provided under Section 11B, therefore, unjust enrichment is clearly applicable - AT

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