https://www.taxtmi.com/caselaws?id=331512 The Tribunal allowed the appeal, setting aside the orders denying interest on delayed refund. Relying on the precedent set by the Supreme Court in Union of India vs. M/s Hamdard Laboratories, interest on delayed payment of refund was deemed payable from three months after the refund claim until the actual refund payment. The Tribunal emphasized that interest under Section 11BB of the Act becomes due after three months from the refund claim date if the refund is not processed, rejecting the notion that the payment date postpones the interest accrual. en-us Fri, 19 Aug 2016 00:00:00 +0530 Wed, 24 Aug 2016 11:36:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331512 The Tribunal allowed the appeal, setting aside the orders denying interest on delayed refund. Relying on the precedent set by the Supreme Court in Union of India vs. M/s Hamdard Laboratories, interest on delayed payment of refund was deemed payable from three months after the refund claim until the actual refund payment. The Tribunal emphasized that interest under Section 11BB of the Act becomes due after three months from the refund claim date if the refund is not processed, rejecting the notion that the payment date postpones the interest accrual. Case-Laws Service Tax Fri, 19 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331512