Incidence of Duty Borne by Appellant, Unjust to Credit Refund to Consumer Welfare Fund: CESTAT

Axon Drugs (P) Ltd Vs Commissioner of GST & Central Excise (CESTAT Chennai) Introduction: The recent judgment by the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) Chennai in the case of Axon Drugs (P) Ltd Vs Commissioner of GST & Central Excise has generated interest among legal experts and industry professionals. At its core, the case deals with the adjudicating authority’s decision to credit an excise refund to the Consumer Welfare Fund, a move deemed “unjust and improper” by the CESTAT Chennai. This article delves into the nuances of the case to provi...