CESTAT Remits Unreasoned Rejection of Interest Waiver for Power Project

Essar Power Gujarat Ltd. Vs Commissioner of C.E. & S.T.-Rajkot (CESTAT Ahmedabad) CESTAT remits power project interest waiver case back to Chief Commissioner, citing unreasoned rejection and violation of natural justice principle; Power Project Interest Waiver Rejection Overturned by CESTAT; Tribunal Cites Lack of Reasoning, Orders Fresh Decision. Ahmedabad: The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad bench, has set aside an order from the Chief Commissioner rejecting a power generation company’s request for waiver of interest on imported goods. The T...