https://www.taxtmi.com/caselaws?id=241270 The Appellate Tribunal CESTAT KOLKATA upheld the Commissioner (Appeals)' decision to grant interest to the Assessee on a Refund sanctioned belatedly under Section 11AB of the Central Excise Act, 1944. The Tribunal emphasized that interest is due when a claim is sanctioned beyond three months from the application date, regardless of a separate interest claim. The Appeal by the Revenue was rejected, and both the Stay Petition by the Department and the Cross Objection by the Assessee were disposed of by the Tribunal. en-us Tue, 20 Sep 2011 00:00:00 +0530 Wed, 12 Apr 2017 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241270 The Appellate Tribunal CESTAT KOLKATA upheld the Commissioner (Appeals)' decision to grant interest to the Assessee on a Refund sanctioned belatedly under Section 11AB of the Central Excise Act, 1944. The Tribunal emphasized that interest is due when a claim is sanctioned beyond three months from the application date, regardless of a separate interest claim. The Appeal by the Revenue was rejected, and both the Stay Petition by the Department and the Cross Objection by the Assessee were disposed of by the Tribunal. Case-Laws Customs Tue, 20 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241270