CESTAT Rejects Refund claim amidst Pending SCN for Interest on delayed Payment due to Post-Clearance Oil Price Variations [Read Order]
SCN demanding the interest were pending on the delayed payments for the supplementary invoices issued on account of post clearance variation in the price of oil
The Ahmedabad bench of the Customs Excise and Service Tax Appellate Tribunal ( CESTAT ) has rejected the refund claim for interest on delayed payment due to post-clearance oil price variations, citing the pending Show Cause Notice and noting that there was no merit in the appellant’s claim, which was unsupported by the evidence and…
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