Interest Rate on Refund Set at 12% from Three Months Post-Tribunal Order, Per Section 11BB Interpretation.

Interest Rate on Refund Set at 12% from Three Months Post-Tribunal Order, Per Section 11BB Interpretation. https://www.taxtmi.com/highlights?id=31611 Entitlement of interest w.e.f. 21.8.2008 on refund of pre-deposit - whether @12% or 6% - Section 11BB - the appellant herein is entitled to payment of interest @ 12% per annum for the period after three months till the refund was granted after passing of the order by the Tribunal on 2.5.2008 - HC en-us Fri, 07 Oct 2016 21:37:46 +0530 Fri, 07 Oct 2016 21:37:46 +0530 TaxTMI RSS Generator Interest Rate on Refund Set at 12% from Three Months Post-Tribunal Order, Per Section 11BB Interpretation. https://www.taxtmi.com/highlights?id=31611 Entitlement of interest w.e.f. 21.8.2008 on refund of pre-deposit - whether @12% or 6% - Section 11BB - the appellant herein is entitled to payment of interest @ 12% per annum for the period after three months till the refund was granted after passing of the order by the Tribunal on 2.5.2008 - HC Highlights Central Excise Fri, 07 Oct 2016 21:37:46 +0530 https://www.taxtmi.com/highlights?id=31611