The Allahabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has ruled that interest at the rate of 12% on excise refunds cannot be claimed as a matter of right and must strictly conform to the statutory provisions of Section 11BB of the Central Excise Act, 1944. The bench of Sanjiv Srivastava…
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12% Interest On Excise Refund Can’t Be Claimed As A Matter Of Right : CESTAT
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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