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HomeIndirect TaxesExcise Dept. To Pay 12% Interest On Rebate Claims Withheld For More...

Excise Dept. To Pay 12% Interest On Rebate Claims Withheld For More Than 12 Years Without Fault On Part Of Exporter: CESTAT

Indirect Taxes

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By Mariya Paliwala
cestat

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The Allahabad Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has directed the Central Excise Department to pay interest at 12% per annum on rebate claims amounting to Rs. 2.38 crore that were withheld for more than twelve years without fault on the part of the exporter. The bench of P.K. Choudhary…

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Mariya Paliwala
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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