https://www.taxtmi.com/caselaws?id=339567 The court ruled in favor of the petitioner in a refund claim case under Section 11B of the Central Excise Act, 1944. The court held that the liability to pay interest on belated refunds under Section 11BB commences from the date of expiry of three months from the date of receipt of the refund application. Relying on legal precedents, including M/s. Ranbaxy Laboratories Ltd. v. Union of India & Ors., the court directed the respondents to pay interest to the petitioner within three months from the refund application date, emphasizing the importance of timely interest payment in such cases. en-us Wed, 25 Jan 2017 00:00:00 +0530 Mon, 04 Sep 2017 15:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339567 The court ruled in favor of the petitioner in a refund claim case under Section 11B of the Central Excise Act, 1944. The court held that the liability to pay interest on belated refunds under Section 11BB commences from the date of expiry of three months from the date of receipt of the refund application. Relying on legal precedents, including M/s. Ranbaxy Laboratories Ltd. v. Union of India & Ors., the court directed the respondents to pay interest to the petitioner within three months from the refund application date, emphasizing the importance of timely interest payment in such cases. Case-Laws Service Tax Wed, 25 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339567