https://www.taxtmi.com/caselaws?id=331057 The Appellant's eligibility for interest was determined from three months after the date of filing the refund claim, as per the Balmer Lawrie & Co. Ltd. case. The rate of interest was set at 6% instead of 12%, following the Rajendra Kumar Jain case and a Supreme Court decision. The Tribunal ruled in favor of the Revenue regarding appropriating interest towards outstanding arrears of revenue, citing the Anand Steel Rolling Works Pvt. Ltd. case. The matter was remitted for re-computation of interest at 6%, and the Appeal was partly allowed only on the interest eligibility period issue. en-us Fri, 19 Feb 2016 00:00:00 +0530 Thu, 11 Aug 2016 16:04:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331057 The Appellant's eligibility for interest was determined from three months after the date of filing the refund claim, as per the Balmer Lawrie & Co. Ltd. case. The rate of interest was set at 6% instead of 12%, following the Rajendra Kumar Jain case and a Supreme Court decision. The Tribunal ruled in favor of the Revenue regarding appropriating interest towards outstanding arrears of revenue, citing the Anand Steel Rolling Works Pvt. Ltd. case. The matter was remitted for re-computation of interest at 6%, and the Appeal was partly allowed only on the interest eligibility period issue. Case-Laws Central Excise Fri, 19 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331057