2022 (8) TMI 985

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....Standing Counsel Respondent Through: Ms Preeti Goel, Advocate O R D E R [Physical Hearing/Hybrid Hearing (as per request)] 1. According to Mr R. Ramachandran, who appears on behalf of the petitioner, two issues arise for consideration in the instant matter; first, as to the date from which the interest on refund will get triggered i.e., from the date of deposit or after the expiry of t....

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....03, the rate of interest has been fixed at 6 %. 2.4. Mr Ramachandran also submits that the Customs, Excise and Service Tax Appellate Tribunal [In short, "Tribunal"] via the impugned order i.e., order dated 25.11.2021, has granted interest at the rate of 12%, which is contrary to the statutory rate of interest. 2.5. Furthermore, the Tribunal has held that interest is payable from the date of ....