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Central Excise - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Demand of interest for delayed refund - relevant date for ...


Interest on Delayed Refund: 12% Per Annum from Deposit Date Until Refund Date.

December 2, 2019

Case Laws     Central Excise     AT

Demand of interest for delayed refund - relevant date for calculation of refund - earlier the amount was deposited towards recovery of refund proceedings - he interest on the refund shall be payable @ 12% per annum from the date of deposit till date of refund.

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