https://www.taxtmi.com/caselaws?id=761806 CESTAT New Delhi allowed the appeal, holding that the appellant was entitled to interest on the refunded amount from the date of deposit until actual payment. The tribunal ruled that denial of interest was unjustified, citing Article 300A of the Constitution and precedents from Allahabad HC, Bombay HC, and Kerala HC. While the appellant claimed 12% interest, the tribunal awarded 6% based on Central Government Notification No. 12/2023-Central Tax (Rate) dated 19.10.2023, setting aside the Commissioner (Appeals) order. en-us Thu, 14 Nov 2024 00:00:00 +0530 Sat, 16 Nov 2024 10:41:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761806 CESTAT New Delhi allowed the appeal, holding that the appellant was entitled to interest on the refunded amount from the date of deposit until actual payment. The tribunal ruled that denial of interest was unjustified, citing Article 300A of the Constitution and precedents from Allahabad HC, Bombay HC, and Kerala HC. While the appellant claimed 12% interest, the tribunal awarded 6% based on Central Government Notification No. 12/2023-Central Tax (Rate) dated 19.10.2023, setting aside the Commissioner (Appeals) order. Case-Laws Service Tax Thu, 14 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761806