No Adjustment towards Interest and Penalty Sub Judice before Tribunal: CESTAT directs to Refund amount Adjusted with Interest [Read Order]

Interest and Penalty - CESTAT - Refund - Interest - taxscan

The New Delhi bench of Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) presided by Mr. Anil Choudhary, Member (Judicial) has held that no adjustment towards interest and penalty sub judice before Tribunal and directs to refund amount adjusted with interest. The adjudicating authority confirmed demand of Rs. 4,41,29,475/- against the appellant, M/s…

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