CESTAT grants 12% Interest on Refund of Service Tax

Indore Treasure Market City Pvt Ltd Vs Commissioner of Central Goods And Service Tax And Central Excise (CESTAT Delhi) In the landmark case of Indore Treasure Market City Pvt Ltd versus Commissioner of Central Goods And Service Tax And Central Excise (CESTAT Delhi), the appellant contested the Order-in-Appeal No. 47/2023-24 dated 23.05.2023. This case is pivotal in understanding the intricacies of GST refunds, Cenvat Credit, and the principles of unjust enrichment in the context of Indian tax law. The appellants, engaged in the business of managing malls, multiplexes, and entertainment centers...