Interest on Refund u/s 11BB - claim of interest on interest - ...

Court Rules Department Must Pay 9% Interest on Delayed Refunds u/s 11BB, Including Interest on Interest.

June 5, 2013

Case Laws Central Excise HC

Interest on Refund u/s 11BB - claim of interest on interest - Department cannot avoid the liability of accounting for interest on the delayed payment of interest to the extent the same was paid late. - interest on interest allowed at the rate of 9%. - HC

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Interest on Refund u/s 11BB - claim of interest on interest - ...

Court Rules Department Must Pay 9% Interest on Delayed Refunds u/s 11BB, Including Interest on Interest.

June 5, 2013

Case Laws Central Excise HC

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