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Central Excise - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Claim of Refund of interest paid on duty - When the statute does ...


Tribunal Cannot Order Interest Refund on Duty Without Statutory Provision; Interest on Interest Needs Legal Basis.

February 6, 2015

Case Laws     Central Excise     AT

Claim of Refund of interest paid on duty - When the statute does not provide for payment of interest while sanctioning the refund of interest on duty, the Tribunal has no power to order refund of interest on interest being creation of the statute. - AT

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