https://www.taxtmi.com/caselaws?id=150390 SC upheld the view that for interest payable on delayed refund under Section 11BB, the liability to pay interest commences on the expiry of three months from the date of commencement of Section 11BB, irrespective of when the competent authority ultimately decides whether the amount is to be credited to the Welfare Fund or refunded to the applicant. The relevant date is not linked to the date of the refund order but to the statutory three-month period. Finding no error in the reasoning of the Rajasthan HC, SC declined to interfere and dismissed the SLP. en-us Thu, 06 Aug 2009 00:00:00 +0530 Wed, 19 Nov 2025 15:07:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=150390 SC upheld the view that for interest payable on delayed refund under Section 11BB, the liability to pay interest commences on the expiry of three months from the date of commencement of Section 11BB, irrespective of when the competent authority ultimately decides whether the amount is to be credited to the Welfare Fund or refunded to the applicant. The relevant date is not linked to the date of the refund order but to the statutory three-month period. Finding no error in the reasoning of the Rajasthan HC, SC declined to interfere and dismissed the SLP. Case-Laws Central Excise Thu, 06 Aug 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=150390