https://www.taxtmi.com/circulars?id=6138 Interest under proposed Section 11BB becomes payable where refund applications are not processed within the statutory period counted from receipt to cheque dispatch. Applications must be filed at the Assistant Collector, immediately scrutinised by an officer not below Inspector, and an acknowledgement issued within 48 hours. Deficiency letters, approved by a Superintendent, must be issued within 48 hours when applications are incomplete, and the statutory period is tolled until all requisite information is received. Named officers should be designated to carry out initial verification, and a detailed document checklist is annexed for different refund categories. en-us Tue, 30 May 1995 00:00:00 +0530 Tue, 30 Jun 2009 12:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=6138 Interest under proposed Section 11BB becomes payable where refund applications are not processed within the statutory period counted from receipt to cheque dispatch. Applications must be filed at the Assistant Collector, immediately scrutinised by an officer not below Inspector, and an acknowledgement issued within 48 hours. Deficiency letters, approved by a Superintendent, must be issued within 48 hours when applications are incomplete, and the statutory period is tolled until all requisite information is received. Named officers should be designated to carry out initial verification, and a detailed document checklist is annexed for different refund categories. Circulars Central Excise Tue, 30 May 1995 00:00:00 +0530 https://www.taxtmi.com/circulars?id=6138