https://www.taxtmi.com/caselaws?id=333432 The Court held in favor of the Petitioner, ruling that they are entitled to interest under Section 11BB of the Central Excise Act, 1944 on the delayed refund. The Court determined that the original refund applications were complete and rejected on merits, not due to incompleteness. Therefore, the Petitioner is entitled to interest from the date immediately after the expiry of three months from the date of receipt of the original refund applications. The Petitioner was granted interest on the sum of Rs. 44,46,42,651/- and a refund of Rs. 1,66,59,749/-. The matter was remanded for the calculation and payment of interest and remaining refund within six weeks. en-us Fri, 07 Oct 2016 00:00:00 +0530 Fri, 06 Jan 2017 14:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333432 The Court held in favor of the Petitioner, ruling that they are entitled to interest under Section 11BB of the Central Excise Act, 1944 on the delayed refund. The Court determined that the original refund applications were complete and rejected on merits, not due to incompleteness. Therefore, the Petitioner is entitled to interest from the date immediately after the expiry of three months from the date of receipt of the original refund applications. The Petitioner was granted interest on the sum of Rs. 44,46,42,651/- and a refund of Rs. 1,66,59,749/-. The matter was remanded for the calculation and payment of interest and remaining refund within six weeks. Case-Laws Central Excise Fri, 07 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333432