https://www.taxtmi.com/caselaws?id=335109 Interest was payable on a sanctioned rebate amount that had been wrongly appropriated earlier, because the rebate claim had already attained finality and the withholding was unsustainable. Applying the principle in Ranbaxy Laboratories Ltd., interest accrues from the date after expiry of the prescribed period until the date of refund or payment where the amount remains unpaid after becoming due. The appellants were therefore entitled to interest from the date of appropriation until actual payment. en-us Fri, 14 Oct 2016 00:00:00 +0530 Sat, 26 Nov 2016 10:30:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335109 Interest was payable on a sanctioned rebate amount that had been wrongly appropriated earlier, because the rebate claim had already attained finality and the withholding was unsustainable. Applying the principle in Ranbaxy Laboratories Ltd., interest accrues from the date after expiry of the prescribed period until the date of refund or payment where the amount remains unpaid after becoming due. The appellants were therefore entitled to interest from the date of appropriation until actual payment. Case-Laws Central Excise Fri, 14 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335109