https://www.taxtmi.com/caselaws?id=770210 CESTAT New Delhi allowed the appeal regarding refund of service tax paid by mistake. The tribunal held that mistaken service tax payments constitute revenue deposits rather than actual tax liability, making Section 11B of CEA inapplicable. Consequently, Section 11BB provisions for interest determination also did not apply. Following precedent from Indus Towers Limited case, the tribunal directed revenue to pay 12% per annum interest on delayed refunds instead of the lower 6% rate, establishing that mistaken tax payments warrant higher interest rates for delayed refunds. en-us Tue, 06 May 2025 00:00:00 +0530 Thu, 08 May 2025 09:13:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770210 CESTAT New Delhi allowed the appeal regarding refund of service tax paid by mistake. The tribunal held that mistaken service tax payments constitute revenue deposits rather than actual tax liability, making Section 11B of CEA inapplicable. Consequently, Section 11BB provisions for interest determination also did not apply. Following precedent from Indus Towers Limited case, the tribunal directed revenue to pay 12% per annum interest on delayed refunds instead of the lower 6% rate, establishing that mistaken tax payments warrant higher interest rates for delayed refunds. Case-Laws Service Tax Tue, 06 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770210