Unjust Enrichment not Satisfied When Refund debited as Expenditure

Bimal Jain | Last updated: 27 May 2014

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Test of unjust enrichment not satisfied where refund amount is shown as expenditure and not as claims receivable We are sharing with you an important judgment of the Honble Mumbai CESTAT in the case of Hindustan Petroleum Corporation Limited Vs. Commissioner of Central Excise, Mumbai-II [2014-TIOL-658-CESTAT-MUM] on the following issue: Issue: Whether the test of unjust enrichment satisfied where the claimant has treated refund amount as expenditure and not as claims receiva

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1 Year PLAN

1999

(Excl. of GST ₹359)

BEST VALUE

2 Years PLAN

3499

(Excl. of GST ₹629)

3 Months PLAN

999

(Excl. of GST ₹179)

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About the Author

Bimal Jain

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FCA, FCS LLB with21 Yrs of Experience inTaxation Indirect and Direct: Education Qualification: B.Com (Hons) Chartered Accountants Company Secretary LLB Qualified SAP FI/CO Consultants Professional Membership: Chairmanof Indirect Tax Committee of PHD Chamber of Commerce Member of Indirec ... Read more

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