2023 (2) TMI 664

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....unsel. For the Respondent : None ORDER 1. The appellant has filed the present appeal impugning an order dated 21.09.2022 passed by the Customs Excise and Service Tax Appellate Tribunal (CESTAT) allowing the respondent's appeal for enhancement of the interest awarded on the amount of refund. The concerned authority had awarded interest at the rate of 6% p.a on the amount deposited by the respon....

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.... sanctioned. 4. The respondent claimed that it was entitled to a higher rate of interest and being aggrieved filed an appeal before the learned CESTAT. By the impugned order, the learned CESTAT has acceded to the said request and enhanced the rate of interest from 6% to 12% p.a. 5. Concededly, the tax effect is approximately Rs.23,91,220/-, which is below the threshold monetary limit for preferr....

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....Cables (supra) were also followed by this Court in two other appeals: The Commissioner, Central Tax, Delhi v. Jovex International: CEAC 3/2022 and The Commissioner Central Excise and CGST South Delhi v. M/s Elegant Developers: SERTA 10/2022. He however states that the present matter involves a question of law and is not covered by the Instructions dated 22.08.2019 or 17.08.2011. 10. We are not pe....