The Allahabad bench of the Customs, Excise & Service Tax Appellate Tribunal(CESTAT) allowed interest for period after 3 months refund of 19 crores of cenvat credit. M/s HCL Technologies Ltd., the Appellant had filed a refund claim of Rs.19,00,00,000/- in terms of Rule 5 of Cenvat Credit Rules, 2004 read with Notification No.05/2006-CE(NT) dated 14.03.2006…
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