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Central Excise - Highlights / Catch Notes

Home Highlights March 2021 Year 2021 This

Claim of interest on delayed refund, from the date of deposit ...

Central Excise

March 4, 2021

Claim of interest on delayed refund, from the date of deposit till the refund of the pre-deposit of principal amount - the assessee is entitled to claim interest from the date of payment of initial amount till the date of its refund - Therefore, the appellants are entitled to claim the interest on delayed refund from the date of deposit till its realization @ 12% per annum. - AT

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