https://www.taxtmi.com/article/detailed?id=5691 The statutory refund-interest provision uses mandatory language such that payment of interest on refunds delayed beyond the prescribed period arises automatically and is payable by the authority regardless of any waiver or written forbearance by the assessee; waiver does not negate the revenue's obligation, though claims for interest on interest remain a separate issue. en-us Sat, 28 Jun 2014 13:14:31 +0530 Sat, 28 Jun 2014 13:14:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5691 The statutory refund-interest provision uses mandatory language such that payment of interest on refunds delayed beyond the prescribed period arises automatically and is payable by the authority regardless of any waiver or written forbearance by the assessee; waiver does not negate the revenue's obligation, though claims for interest on interest remain a separate issue. Articles Central Excise Sat, 28 Jun 2014 13:14:31 +0530 https://www.taxtmi.com/article/detailed?id=5691