https://www.taxtmi.com/caselaws?id=1384 The Tribunal held that the appellants were entitled to Modvat credit and subsequently granted a refund under Sec. 11B of the Central Excise Act, 1944. The appellants then sought interest on the refunded amount due to the delay in payment. Despite initial rejections by lower authorities, the presiding authority ruled in favor of the appellants, citing relevant precedents. The appellants were granted interest on the delayed refund from July 1998 onwards, and the appeal was allowed with consequential relief. The judgment was pronounced on 9-3-2007. en-us Fri, 09 Mar 2007 00:00:00 +0530 Mon, 14 Apr 2008 17:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=1384 The Tribunal held that the appellants were entitled to Modvat credit and subsequently granted a refund under Sec. 11B of the Central Excise Act, 1944. The appellants then sought interest on the refunded amount due to the delay in payment. Despite initial rejections by lower authorities, the presiding authority ruled in favor of the appellants, citing relevant precedents. The appellants were granted interest on the delayed refund from July 1998 onwards, and the appeal was allowed with consequential relief. The judgment was pronounced on 9-3-2007. Case-Laws Central Excise Fri, 09 Mar 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=1384