https://www.taxtmi.com/caselaws?id=255070 The Tribunal allowed the appellant's appeal, granting them relief by acknowledging their eligibility for interest under Section 11BB of the Central Excise Act 1944 on delayed refund claims. The Tribunal emphasized that interest accrues automatically if refunds are sanctioned beyond three months from the date of the refund application, aligning with established legal principles and precedents. The decision highlights the department's consistent stance on interest payment for delayed refunds and clarifies that interest accrual begins after three months from the refund application date. en-us Mon, 22 Dec 2014 00:00:00 +0530 Thu, 12 May 2016 14:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=255070 The Tribunal allowed the appellant's appeal, granting them relief by acknowledging their eligibility for interest under Section 11BB of the Central Excise Act 1944 on delayed refund claims. The Tribunal emphasized that interest accrues automatically if refunds are sanctioned beyond three months from the date of the refund application, aligning with established legal principles and precedents. The decision highlights the department's consistent stance on interest payment for delayed refunds and clarifies that interest accrual begins after three months from the refund application date. Case-Laws Central Excise Mon, 22 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=255070