Chit fund business denied service tax refund due to four-year delay in claim filing; no interest for late action.
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....Refund of service tax paid - chit fund business - There is a clear four-year delay in filing the refund claim - the appellant cannot take advantage of its own mistake of filing a delayed refund claim and thus cannot claim the interest for that delayed period during which time it slept over its rights. - AT....




TaxTMI
TaxTMI