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Service Tax - Highlights / Catch Notes

Home Highlights August 2021 Year 2021 This

Interest on delayed refund of amount - the amount was paid ...


Appellant Entitled to 12% Interest on Delayed Refund for Pre-Deposit Made Under Protest During Investigation.

August 25, 2021

Case Laws     Service Tax     AT

Interest on delayed refund of amount - the amount was paid during the investigation under protest as pre-deposit - The appellant is entitled to claim interest from the date of deposit till its realization - Considering it is a pre-deposit but the appellant is entitled to claim interest on the said amount as the said amount has been paid under protest from its payment till its realization @12 % p.a. - AT

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