https://www.taxtmi.com/caselaws?id=241318 The Appellate Tribunal CESTAT Ahmedabad allowed the appeal by M/s. Vasant Dying and Printing Works (Now M/s. Bhagyodya Silk Industries) concerning the calculation of interest on a refund claim under Section 11BB of the Central Excise Act, 1944. The Tribunal held that the appellant was entitled to interest on the entire sanctioned refund amount for a specified period, including the amount adjusted against dues. It directed the original adjudicating authority to quantify and pay the appellant the additional interest due, ensuring compliance with Section 11BB and proper interest payment on the refund amount. en-us Wed, 08 May 2013 00:00:00 +0530 Sat, 21 Dec 2013 08:41:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=241318 The Appellate Tribunal CESTAT Ahmedabad allowed the appeal by M/s. Vasant Dying and Printing Works (Now M/s. Bhagyodya Silk Industries) concerning the calculation of interest on a refund claim under Section 11BB of the Central Excise Act, 1944. The Tribunal held that the appellant was entitled to interest on the entire sanctioned refund amount for a specified period, including the amount adjusted against dues. It directed the original adjudicating authority to quantify and pay the appellant the additional interest due, ensuring compliance with Section 11BB and proper interest payment on the refund amount. Case-Laws Central Excise Wed, 08 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=241318