Tribunal doesn’t have jurisdiction to prescribe rate of interest for refund

Jalan Castings Pvt. Ltd. Vs Commissioner of Central Excise (CESTAT Allahabad)

CESTAT Allahabad held that tribunal has no jurisdiction to prescribe the rate of interest which is prescribed by the Government of India in terms of Notification issue under Section 11BB of the Central Excise Act, 1944.

Facts- The appellant has opted to carry out his operations in terms of Section 3A of the Central Excise Act, 1944 as inserted by the Finance Act, 1997 read along with the Inductio

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