HC awarded interest @ 12% p.a. on excess excise duty refunded after twelve years
January 23, 2026
Excise/Custom, High Courts
High Court has awarded interest @ 12% p.a. on excessive excise duty refunded after twelve years after petitioners was compelled to deposit it. In a recent judgment, Rajasthan High Court has awarded interest @ 12% p.a. on the excise duty refunded after twelve years to compensate for the …