Bombay High Court Allows Revenue Appeal in Central Excise Refund Interest Case — Interest Not Payable for Period Before Completion of Claim Formalities. The Court held that under Section 11BB of Central Excise Act, 1944, interest on refund runs only from the date the claimant completes all formalities, not from the date of original incomplete application.
4 Aug 2017The case involves a Revenue Appeal filed by the Commissioner of Central Excise, Customs & Service Tax, Silvassa against Sterlite Industries Ltd. under...
