Interest on delayed refund is permissible from expiry of 3 months’ from the date of filing of Refund application and not from the date of Refund Order

Interest on delayed refund is permissible from expiry of 3 months’ from the date of filing of Refund application and not from the date of Refund Order https://www.taxtmi.com/article/detailed?id=6081 Interest on delayed refund accrues from the expiry of the statutory three month waiting period following filing of the refund application and continues until payment; tribunal precedent rejects any postponement of the relevant date for interest due to subsequent orders or adjudications, thereby entitling claimants to interest for administrative or adjudicatory delay beyond that period. en-us Mon, 23 Feb 2015 05:05:56 +0530 Mon, 23 Feb 2015 18:39:45 +0530 TaxTMI RSS Generator Interest on delayed refund is permissible from expiry of 3 months’ from the date of filing of Refund application and not from the date of Refund Order https://www.taxtmi.com/article/detailed?id=6081 Interest on delayed refund accrues from the expiry of the statutory three month waiting period following filing of the refund application and continues until payment; tribunal precedent rejects any postponement of the relevant date for interest due to subsequent orders or adjudications, thereby entitling claimants to interest for administrative or adjudicatory delay beyond that period. Articles Central Excise Mon, 23 Feb 2015 05:05:56 +0530 https://www.taxtmi.com/article/detailed?id=6081