CESTAT Allows Excise Refund Interest as Section 11BB Runs From Application Date

Lohia Starlinger Ltd. Vs Commissioner of Central Goods & Services Tax (CESTAT Allahabad) The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Allahabad partly allowed the appeal filed by the assessee concerning interest on delayed refund under Section 11BB of the Central Excise Act, 1944. The dispute arose after a portion of the assessee’s sanctioned rebate claim was appropriated against confirmed service tax dues. Following appellate proceedings, the appropriation was set aside, and the amount of Rs. 49,22,148 was refunded. However, no interest on the delayed refund was ...