Interest claim for refund of amount deposited under protest was ...
Refund interest denial valid for timely processed excise deposits pre-2014 Finance Act despite protest.
Case Laws Service Tax
October 8, 2024
Interest claim for refund of amount deposited under protest was denied as the refund applications were processed within a month of receipt, falling within the three-month grace period u/ss 11BB and 35FF of the Central Excise Act, 1944. The appellant was not entitled to interest from the date of deposit due to the proviso in Section 35FF for amounts deposited prior to the Finance (No. 2) Act, 2014. The appeals were dismissed by the Appellate Tribunal.
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