https://www.taxtmi.com/caselaws?id=246318 Delayed refund of a pre-deposit after disposal of the appeal in favour of the assessee was treated as attracting interest under the Board circular, which required refund within three months and contemplated interest for default. The analysis notes that the Tribunal relied on a coordinate decision following the Supreme Court's ITC ruling on interest for delayed refund of pre-deposit. On that basis, the delay in refund was held to give rise to interest liability, and the matter was resolved in favour of the assessee. en-us Fri, 02 Dec 2011 00:00:00 +0530 Sun, 20 Apr 2014 16:00:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246318 Delayed refund of a pre-deposit after disposal of the appeal in favour of the assessee was treated as attracting interest under the Board circular, which required refund within three months and contemplated interest for default. The analysis notes that the Tribunal relied on a coordinate decision following the Supreme Court's ITC ruling on interest for delayed refund of pre-deposit. On that basis, the delay in refund was held to give rise to interest liability, and the matter was resolved in favour of the assessee. Case-Laws Central Excise Fri, 02 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246318