Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Relief for L.G. Electronics: CESTAT Directs Interest Payment on Post-2014 Pre-deposit u/s 35FF of...
Excise, VAT & CustomOther Legal Matters
The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has granted relief for LG Electronics, directing interest payment on post-2014 pre-deposit under Section 35FF of the Central Excise Act. Section 35FF mandates interest on refunds of pre-deposits (amounts paid by assessees during the appeal process) if the appeal is decided in their favor after a certain date. This ruling ensures that LG Electronics receives compensation for the money it deposited with the department during the pendency of its appeal, aligning with statutory provisions and promoting timely refunds.
