https://www.taxtmi.com/caselaws?id=334250 Finalisation of provisional assessment entitled the assessee to refund, and the appellate authority's finding that the amount was refundable was upheld. The Tribunal also held that interest was payable on the delayed refund, including on the pre-deposit amount, because the refund became due only after finalisation and interest followed under the governing statutory scheme. The Revenue's objection that interest could not be granted for the relevant period was rejected. The departmental appeals therefore failed, and the orders granting refund and consequential interest were sustained. en-us Wed, 24 Aug 2016 00:00:00 +0530 Sat, 19 Aug 2017 15:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334250 Finalisation of provisional assessment entitled the assessee to refund, and the appellate authority's finding that the amount was refundable was upheld. The Tribunal also held that interest was payable on the delayed refund, including on the pre-deposit amount, because the refund became due only after finalisation and interest followed under the governing statutory scheme. The Revenue's objection that interest could not be granted for the relevant period was rejected. The departmental appeals therefore failed, and the orders granting refund and consequential interest were sustained. Case-Laws Central Excise Wed, 24 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334250