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    <title>2013 (2) TMI 249 - CESTAT KOLKATA</title>
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    <description>The Tribunal partially allowed the appeal, modifying the original order to grant interest on delayed refund from a specific date, following a Larger Bench decision. It upheld the lower authority&#039;s interest calculation based on relevant notifications and dismissed the appeal concerning penalty as the appellant did not challenge it. The decision emphasized adherence to legal provisions for interest calculation on delayed refunds, citing precedents for timely refund payments and interest accrual after a specified period.</description>
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      <link>https://www.taxtmi.com/caselaws?id=220844</link>
      <description>The Tribunal partially allowed the appeal, modifying the original order to grant interest on delayed refund from a specific date, following a Larger Bench decision. It upheld the lower authority&#039;s interest calculation based on relevant notifications and dismissed the appeal concerning penalty as the appellant did not challenge it. The decision emphasized adherence to legal provisions for interest calculation on delayed refunds, citing precedents for timely refund payments and interest accrual after a specified period.</description>
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