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Central Excise - Highlights / Catch Notes

Home Highlights December 2020 Year 2020 This

Interest on delayed refund of pre-deposit - demand of interest ...


No Interest on Delayed Central Excise Refund Between Tribunal Order and Sanction Date, Court Rules.

December 5, 2020

Case Laws     Central Excise     AT

Interest on delayed refund of pre-deposit - demand of interest from the date of deposit till its realization - Admittedly, in the case in hand, the refund claim was sanctioned on 04.11.2019, whereas the order of this Tribunal was passed on 05.09.2019; therefore, no interest is payable to the appellant. - AT

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