Entitlement to interest on refund which was deposited during ...

Case Laws Central Excise

February 14, 2023

Entitlement to interest on refund which was deposited during investigation - When the application for refund has been filed by the appellant on 26.10.2018, three months period has started running from that date itself. Liability for payment of interest after the expiry of three months is statutory and therefore it was a bounden duty of the authority concerned to pay interest after the expiry of the aforesaid period at the rate as specified under section 11BB ibid. - AT

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Entitlement to interest on refund which was deposited during ...

Case Laws Central Excise

February 14, 2023

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