No interest on excise duty refund granted within 3 months as prescribed U/s. 18(4) 

Saraswati Knitwear Pvt Ltd Vs Commissioner of Customs (CESTAT Chandigarh) Introduction: The case of Saraswati Knitwear Pvt Ltd vs. Commissioner of Customs (CESTAT Chandigarh) revolves around the entitlement to interest on excess duty paid during the clearance of yarn. The dispute centers on whether the appellant, Saraswati Knitwear Pvt Ltd, is eligible for interest on the refund of excess duty paid. This article delves into the detailed analysis of the case and the decision reached by CESTAT Chandigarh. Detailed Analysis: 1. Background: The appellant, Saraswati Knitwear Pvt Ltd, filed five Bil...