CESTAT Grants Interest on Sanctioned CENVAT Refund Claim for Delay Beyond Three Months

Bharat Heavy Electricals Limited Vs Commissioner of CGST & Central Excise (CESTAT Delhi) Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) Delhi has directed the payment of interest to Bharat Heavy Electricals Limited (BHEL), Bhopal, on a delayed refund of accumulated CENVAT credit. This ruling, issued today, overturns an Order-in-Appeal dated January 23, 2023, which had denied BHEL this interest on the grounds of a pending writ petition. The Tribunal’s decision follows the subsequent dismissal of that writ petition. The dispute originated from BHEL’s refund claim, f...