CESTAT Mumbai: Appeal Denied for Penalty Refund Interest

The Appellate Tribunal CESTAT, Mumbai rejected the appeal concerning the refund claim for penalty amount and interest. The Tribunal set aside the penalty but denied the interest claim due to the absence of statutory provision or specific order for granting interest on the penalty refund. The appeal was dismissed.

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The Appellate Tribunal CESTAT, Mumbai rejected the appeal regarding the refund claim for penalty amount and interest. The Tribunal had set aside the penalty but rejected the interest claim as there was no statutory provision or specific order for granting interest on the penalty refund. The appeal was rejected.

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