https://www.taxtmi.com/caselaws?id=245748 The court ruled in favor of the assessees, granting them interest on a delayed refund claim from June 2002 to October 2010. The judge emphasized the importance of calculating the refund period from the date of application and not the sanction date, citing precedents to justify the assessees' entitlement to interest due to the significant delay in refund processing. The decision highlights the necessity of promptly paying the interest amount owed to address the prolonged pendency of the matter. en-us Fri, 16 Sep 2011 00:00:00 +0530 Sat, 05 Apr 2014 18:43:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=245748 The court ruled in favor of the assessees, granting them interest on a delayed refund claim from June 2002 to October 2010. The judge emphasized the importance of calculating the refund period from the date of application and not the sanction date, citing precedents to justify the assessees' entitlement to interest due to the significant delay in refund processing. The decision highlights the necessity of promptly paying the interest amount owed to address the prolonged pendency of the matter. Case-Laws Central Excise Fri, 16 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=245748