https://www.taxtmi.com/circulars?id=469 Statutory interest is payable automatically when a refund or rebate claim is sanctioned beyond the prescribed three month period; officers must grant interest at the notified rate without awaiting superior or appellate directions, and Commissioners must fix responsibility and implement monitoring to ensure timely disposal and compliance with the interest payment provision. en-us Tue, 01 Oct 2002 00:00:00 +0530 Tue, 23 Sep 2008 17:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=469 Statutory interest is payable automatically when a refund or rebate claim is sanctioned beyond the prescribed three month period; officers must grant interest at the notified rate without awaiting superior or appellate directions, and Commissioners must fix responsibility and implement monitoring to ensure timely disposal and compliance with the interest payment provision. Circulars Central Excise Tue, 01 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=469