https://www.taxtmi.com/caselaws?id=330470 The Tribunal dismissed the appeal, upholding the Commissioner (Appeals) decision to grant interest at the prescribed rate of 6% under Section 11BB for a refund of pre-deposit made under Section 35F. The Tribunal emphasized its lack of power to grant relief beyond what is provided in the Central Excise Act, noting that previous decisions by higher courts granting interest at 12% were not a general rule. The decision underscored the importance of adhering to prescribed rates and legal provisions, despite differing rates granted in specific cases by higher courts. en-us Fri, 01 Jul 2016 00:00:00 +0530 Mon, 26 Dec 2016 14:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330470 The Tribunal dismissed the appeal, upholding the Commissioner (Appeals) decision to grant interest at the prescribed rate of 6% under Section 11BB for a refund of pre-deposit made under Section 35F. The Tribunal emphasized its lack of power to grant relief beyond what is provided in the Central Excise Act, noting that previous decisions by higher courts granting interest at 12% were not a general rule. The decision underscored the importance of adhering to prescribed rates and legal provisions, despite differing rates granted in specific cases by higher courts. Case-Laws Central Excise Fri, 01 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330470