2022 (8) TMI 985

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....h: 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 three months from the date when the refund a....

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....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 deposit till the date of refund. 3. This, according to....