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Central Excise - Highlights / Catch Notes

Home Highlights March 2022 Year 2022 This

Rejection of interest at 12% on delayed refund - deposit made ...


Court Rules: 12% Interest on Deposits Valid During Investigation, Not on Delayed Refunds.

March 21, 2022

Case Laws     Central Excise     AT

Rejection of interest at 12% on delayed refund - deposit made during the period of investigation - the appellants are entitled to claim interest @ 12% per annum of deposit made during the investigation till its realization - AT

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