https://www.taxtmi.com/caselaws?id=202887 CENVAT credit refunded under Rule 5 of the CENVAT Credit Rules, 2002/2004 falls within clause (c) of the proviso to Section 11B(2) of the Central Excise Act, 1944 because it is a refund of duty-related credit used as input in export production. The governing notification is procedural and does not exclude interest. Accordingly, if such refund is not made within three months of the application, Section 11BB applies and interest is payable on the delayed amount. The Gujarat High Court therefore held that the assessee was entitled to interest on delayed refund of CENVAT credit under Rule 5. en-us Thu, 07 Oct 2010 00:00:00 +0530 Sat, 23 Apr 2011 07:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202887 CENVAT credit refunded under Rule 5 of the CENVAT Credit Rules, 2002/2004 falls within clause (c) of the proviso to Section 11B(2) of the Central Excise Act, 1944 because it is a refund of duty-related credit used as input in export production. The governing notification is procedural and does not exclude interest. Accordingly, if such refund is not made within three months of the application, Section 11BB applies and interest is payable on the delayed amount. The Gujarat High Court therefore held that the assessee was entitled to interest on delayed refund of CENVAT credit under Rule 5. Case-Laws Central Excise Thu, 07 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202887