Date of surrender of bank guarantee considered as relevant date for refund u/s. 11B of Excise

State Bank of India Vs Principal Commissioner of Central GST North Commissionerate (Karnataka High Court) Karnataka High Court held that date of surrender of bank guarantee to be considered as relevant date for the purpose of claiming refund under section 11B of the Central Excise Act, 1944. Accordingly, appeal allowed. Facts- The appellant-State Bank of India is in appeal under Section 35G of the Central Excise Act, 1944 praying to set aside the final order bearing No.22877/2017 dated 22.11.20178 passed by the Customs, Excise and Service Tax Appellate Tribunal, Bengaluru and to refund an amou...