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