https://www.taxtmi.com/article/detailed?id=5132 Interest under section 11BB becomes payable from the expiry of the statutory refund period counted from the date of receipt of the section 11B refund application and continues until refund, and the Explanation's deeming fiction that appellate or court orders are to be treated as orders under section 11B(2) does not postpone the date from which interest becomes payable. Bank guarantees operate as security until encashed and then may be treated as duty paid for interest purposes. Claims for interest are subject to applicable limitation principles. en-us Thu, 16 May 2013 11:11:45 +0530 Sat, 14 Sep 2013 22:22:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5132 Interest under section 11BB becomes payable from the expiry of the statutory refund period counted from the date of receipt of the section 11B refund application and continues until refund, and the Explanation's deeming fiction that appellate or court orders are to be treated as orders under section 11B(2) does not postpone the date from which interest becomes payable. Bank guarantees operate as security until encashed and then may be treated as duty paid for interest purposes. Claims for interest are subject to applicable limitation principles. Articles Central Excise Thu, 16 May 2013 11:11:45 +0530 https://www.taxtmi.com/article/detailed?id=5132