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Central Excise - Highlights / Catch Notes

Home Highlights August 2021 Year 2021 This

Recovery of erroneous Refund of interest on delayed payment of ...

Case Laws     Central Excise

August 27, 2021

Recovery of erroneous Refund of interest on delayed payment of differential duty - price variation clause - Rejection on the ground that since the appellant was liable to pay interest on the price variation amount, he is not liable to get the refund thereof - The appellant was liable to pay the interest on subsequent price variation with effect from the date of removal of the goods involved - the refund of the amount of interest already paid by the appellant was erroneous. - AT

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