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Interest on Refund is allowable for amount deposited during Investigation: CESTAT

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT) of New Delhi has held that the interest on refund is allowable for amount deposited during investigation. Sh. Aakarsh Srivastava & Sh. Ashish Bansal appeared for the appellant and Sh. Ishwar Charan appeared for the respondent. The appellant, M/s BBM Impex Pvt. Limited was an importer…

Source Taxscan

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