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Central Excise - Highlights / Catch Notes

Home Highlights August 2021 Year 2021 This

Interest on delayed refund - if Revenue is of the view that this ...

Central Excise

August 28, 2021

Interest on delayed refund - if Revenue is of the view that this amount could not be collected at that stage, the Revenue was free to refund the said amount but the respondent enjoyed the amount without any authority of law. - The ld. AR failed to show that in case the amount deposited under protest is governed under Section 11AB of the Act for claims of interest. - Interest @12% granted - AT

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