Relief to Blackberry: Supreme Court Upholds Rs. 8.55 Cr Excise Duty Refund along with Interest u/s 11BB [Read Order]

The court affirmed the decision of CESTAT, stating that Blackberry's assertion of interest under Section 11BB of the Excise Act, in conjunction with Section 83 of the Finance Act, is valid
By Amal Michael - On January 29, 2024 4:04 pm - 2 mins read
Supreme Court - Excise Duty - Excise Duty Refund - Blackberry Supreme Court ruling - Excise duty refund with interest - Blackberry India legal update - Blackberry India - Refund - TAXSCAN

A two judge bench of the Supreme Court has upheld the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) order in a case involving Blackberry India Pvt. Ltd. The bench held that interest is payable immediately after expiry of three months from the dates on which those applications were made for the filing…

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