https://www.taxtmi.com/caselaws?id=215787 The Appellate Tribunal CESTAT, Chennai, ruled in favor of the appellants, stating they are entitled to interest on delayed payment for the sanction of refund of the rebate claim. The Tribunal held that interest must be paid after three months from the date of filing, citing precedent from the Supreme Court. This decision emphasizes the Tribunal's jurisdiction over such matters and clarifies the obligation to pay interest for delayed refund claims, ensuring rightful compensation for delays. The ruling establishes a precedent for similar cases and upholds principles governing refund claims. en-us Fri, 13 Jul 2012 00:00:00 +0530 Mon, 14 Dec 2015 14:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215787 The Appellate Tribunal CESTAT, Chennai, ruled in favor of the appellants, stating they are entitled to interest on delayed payment for the sanction of refund of the rebate claim. The Tribunal held that interest must be paid after three months from the date of filing, citing precedent from the Supreme Court. This decision emphasizes the Tribunal's jurisdiction over such matters and clarifies the obligation to pay interest for delayed refund claims, ensuring rightful compensation for delays. The ruling establishes a precedent for similar cases and upholds principles governing refund claims. Case-Laws Central Excise Fri, 13 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215787