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Central Excise - Highlights / Catch Notes

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Refund - unjust enrichment - The argument, that only by showing ...


Refund Approved in Unjust Enrichment Case; Interest Payment Recording Alone Doesn't Raise Product Cost Without Specific Allocation.

August 12, 2019

Case Laws     Central Excise     AT

Refund - unjust enrichment - The argument, that only by showing the amount in the ‘Profit & Loss Account’ as expenditure toward interest payment, cost of the product cannot go up by itself unless it is specifically infused for the said purpose is not acceptable- refund allowed.

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