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    <title>2012 (4) TMI 497 - CESTAT, BANGALORE</title>
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    <description>The Tribunal rejected the department&#039;s appeal and upheld the Commissioner (Appeals)&#039;s order for interest payment under Section 11BB of the Central Excise Act. The respondent&#039;s entitlement to interest on the refunded duty amount was confirmed based on the legal interpretation that the date of original rejection of the refund claim should be considered as the date of grant of the refund. The Tribunal specified the periods for which interest is due on the two refund amounts, directing the original authority to quantify and disburse the interest accordingly to the respondent.</description>
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    <pubDate>Thu, 12 Apr 2012 00:00:00 +0530</pubDate>
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      <title>2012 (4) TMI 497 - CESTAT, BANGALORE</title>
      <link>https://www.taxtmi.com/caselaws?id=245951</link>
      <description>The Tribunal rejected the department&#039;s appeal and upheld the Commissioner (Appeals)&#039;s order for interest payment under Section 11BB of the Central Excise Act. The respondent&#039;s entitlement to interest on the refunded duty amount was confirmed based on the legal interpretation that the date of original rejection of the refund claim should be considered as the date of grant of the refund. The Tribunal specified the periods for which interest is due on the two refund amounts, directing the original authority to quantify and disburse the interest accordingly to the respondent.</description>
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      <pubDate>Thu, 12 Apr 2012 00:00:00 +0530</pubDate>
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