https://www.taxtmi.com/caselaws?id=123112 The Tribunal upheld the Respondents' entitlement to Modvat credit as integrated steel plants, allowing a refund claim of Rs. 15,84,287. The Commissioner (A) confirmed interest on the refund claim as per Section 11BB, rejecting the Revenue's appeal. The Revenue's argument of misrepresentation was dismissed, emphasizing the Respondents' belief in the Modvat benefit. The Tribunal's analysis supported interest entitlement on refunds, aligning with precedent case law and the Explanation to Section 11BB. en-us Fri, 28 Sep 2007 00:00:00 +0530 Thu, 06 Sep 2012 15:10:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=123112 The Tribunal upheld the Respondents' entitlement to Modvat credit as integrated steel plants, allowing a refund claim of Rs. 15,84,287. The Commissioner (A) confirmed interest on the refund claim as per Section 11BB, rejecting the Revenue's appeal. The Revenue's argument of misrepresentation was dismissed, emphasizing the Respondents' belief in the Modvat benefit. The Tribunal's analysis supported interest entitlement on refunds, aligning with precedent case law and the Explanation to Section 11BB. Case-Laws Central Excise Fri, 28 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=123112