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Central Excise - Highlights / Catch Notes

Home Highlights April 2017 Year 2017 This

Interest on delayed refund - The demand was very much existing ...


No Interest on Delayed Central Excise Refund Due to Timely Tribunal Order and Re-quantification Process.

April 20, 2017

Case Laws     Central Excise     AT

Interest on delayed refund - The demand was very much existing at the time of passing Tribunal order for the reason that re-quantification was directed to the original adjudicating authority. Therefore in the present case it cannot be said that there is delay on the part of the department in sanctioning of the refund claim - No interest is payable - AT

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