https://www.taxtmi.com/caselaws?id=190517 The Tribunal upheld the respondent's entitlement to interest under Section 11BB of the Central Excise Act, 1944 for delayed refund sanction. The appeal by the Revenue was rejected, emphasizing that interest was payable for the period of delay in refund sanction, as per statutory provisions. The Tribunal ruled in favor of the respondent, citing relevant case law and holding that interest was due from the date of the refund application to the actual refund sanction date, in accordance with the Act's provisions. en-us Thu, 10 Jul 2014 00:00:00 +0530 Sat, 18 Feb 2017 10:17:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190517 The Tribunal upheld the respondent's entitlement to interest under Section 11BB of the Central Excise Act, 1944 for delayed refund sanction. The appeal by the Revenue was rejected, emphasizing that interest was payable for the period of delay in refund sanction, as per statutory provisions. The Tribunal ruled in favor of the respondent, citing relevant case law and holding that interest was due from the date of the refund application to the actual refund sanction date, in accordance with the Act's provisions. Case-Laws Central Excise Thu, 10 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190517