2004 (6) TMI 342 - AT - Central Excise

Summary

The Appellate Tribunal CESTAT, New Delhi upheld the adjustment of interest amount under Section 11AB against the rebate claim sanctioned to the appellants. The Tribunal ruled that the competent authority can adjust outstanding dues from refund or rebate claims unless those dues have been quashed or set aside. The appeal was dismissed, and the impugned order was deemed legal.