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<h1>Interest on Delayed Refunds Under Central Excise Act: New Section 35FF Details Timelines and Conditions for Accruing Interest.</h1> A new section, 35FF, is added to the Central Excise Act, detailing interest on delayed refunds. If an appellant deposits an amount under section 35F and the appellate authority orders a refund, interest will accrue if the refund is not made within three months of the order's communication to the adjudicating authority. This interest, calculated at the rate specified in section 11BB, applies unless a superior court or tribunal stays the appellate authority's order. Interest is payable from the end of the three-month period until the refund is completed.