https://www.taxtmi.com/caselaws?id=250486 The appeal was allowed in favor of the appellant, granting them interest on the delayed refund under Rule 5 of the Cenvat Credit Rules, 2004, and Section 11B of the Central Excise Act, 1944. The court relied on the judgment in CCE, Vapi vs. Reliance Industries Limited, which established that interest is due on delayed refunds under Section 11BB of the Act. The decision was based on the applicability of Section 11BB and Circular 130/41/95-CX to refund claims under the Cenvat Credit Rules, 2004, as affirmed by the High Court of Gujarat and the Apex Court. en-us Thu, 07 Aug 2014 00:00:00 +0530 Thu, 14 Aug 2014 08:59:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250486 The appeal was allowed in favor of the appellant, granting them interest on the delayed refund under Rule 5 of the Cenvat Credit Rules, 2004, and Section 11B of the Central Excise Act, 1944. The court relied on the judgment in CCE, Vapi vs. Reliance Industries Limited, which established that interest is due on delayed refunds under Section 11BB of the Act. The decision was based on the applicability of Section 11BB and Circular 130/41/95-CX to refund claims under the Cenvat Credit Rules, 2004, as affirmed by the High Court of Gujarat and the Apex Court. Case-Laws Central Excise Thu, 07 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250486