https://www.taxtmi.com/caselaws?id=235835 Interest on belated payment of interest for a refund is not payable under the Central Excise Act, 1944 because the statute contains no express provision authorising interest on interest. The Tribunal followed the Larger Bench view that Section 11BB cannot be read expansively to create such a liability by interpretation, and distinguished the Supreme Court ruling relied on below as arising under the Income Tax Act rather than indirect tax refund law. On that basis, the claim for interest on delayed payment of interest failed. en-us Fri, 31 May 2013 00:00:00 +0530 Mon, 11 Nov 2013 12:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235835 Interest on belated payment of interest for a refund is not payable under the Central Excise Act, 1944 because the statute contains no express provision authorising interest on interest. The Tribunal followed the Larger Bench view that Section 11BB cannot be read expansively to create such a liability by interpretation, and distinguished the Supreme Court ruling relied on below as arising under the Income Tax Act rather than indirect tax refund law. On that basis, the claim for interest on delayed payment of interest failed. Case-Laws Central Excise Fri, 31 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235835