Case Law Analysis
|Custom, Excise & Service Tax Tribunal
Interest on Delayed Rebate Claims Must Be Paid at 12% | Inordinate Delay by Revenue : Customs, Excise & Service Tax Appellate Tribunal
CESTAT holds that 12% interest is mandatory on rebate claims delayed over 12 years, rejecting rigid application of Section 11BB's 6% rate and affirming constitutional right to compensation.