https://www.taxtmi.com/caselaws?id=338917 The Tribunal ruled in favor of the appellants, finding that they were entitled to interest on delayed payment of rebate claims under Section 11B of the Central Excise Act. The Tribunal held that the appropriation of rebate claims towards duty, interest, and penalty before finality of demands was unjustified and ordered the payment of interest from three months after filing the rebate claim until the actual refund payment date. The judgment stressed the significance of timely refunds and interest on delayed payments, especially in cases where appropriations are made prematurely. en-us Fri, 13 Jan 2017 00:00:00 +0530 Tue, 14 Feb 2017 21:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338917 The Tribunal ruled in favor of the appellants, finding that they were entitled to interest on delayed payment of rebate claims under Section 11B of the Central Excise Act. The Tribunal held that the appropriation of rebate claims towards duty, interest, and penalty before finality of demands was unjustified and ordered the payment of interest from three months after filing the rebate claim until the actual refund payment date. The judgment stressed the significance of timely refunds and interest on delayed payments, especially in cases where appropriations are made prematurely. Case-Laws Central Excise Fri, 13 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338917