TMI BlogRefund of Interest paid under Central ExciseX X X X Extracts X X X X X X X X Extracts X X X X ..... 1. An assessee has paid excess Interest under Central Excise. 2. Can he apply for the refund of the same. If that is not possible can he adjust that interest against any duty liability. What is the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... way out ? - Reply By Ashish Chaudhary - The Reply = Refund can be claimed under section 11B of Central Excise Act, 1994 . Self adjustment against duty liability not allowed. - Reply By Pradeep ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Khatri - The Reply = Dear Praveen, You would have to seek refund from the Department under Section 11B of the Central Excise Act, 1944 as amended from time to time and this is subject to prov ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ision of unjust enrichment as well as within one year you can file the refund claim. Further, if you had paid it under protest then such time limit is not applicable. As rightly state by Mr. Ashish ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that self adjustment is not allowed, we do endorse his point of view. Regards YAGAY and SUN (Management, Business and Indirect Tax Consultants) - Refund of Interest paid under Cent ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ral Excise - Query Started By: - Praveen Kumar Dated:- 29-9-2014 Central Excise - Got 2 Replies - Central Excise - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|