The Tribunal held that the appellant is entitled to 12% interest on postponed reimbursements.
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Delhi Bench ruled that a 12% interest rate should be applied to a delayed refund of service tax that was mistakenly paid and allowed the same. The appellant/assessee, Gajendra Singh Sankhla, had requested a refund of service tax that had been inadvertently paid on the building…
Taxscan Premium
Why should you subscribe?
- Enjoy our website without interruptions from advertisements
- Receive Daily newsletters
- Receive realtime Telegram/Whatsapp news updates
- Download original Judgements / Order / Notifications / Circulars, etc
- Enjoy exclusive entry fees to Simplified series. (Webinars, Seminars, masterclasses, etc.)
₹2299 + GST for 1 year
Subscribe Now
Already Subscribed?
Login Now 
