https://www.taxtmi.com/caselaws?id=340063 The Tribunal held that interest under Section 11BB of the Central Excise Act was applicable for delayed refund disbursement, emphasizing the statutory time limit under Section 11B from the date of filing the refund claim. The Tribunal rejected the Commissioner (Appeals)' interpretation that considered subsequent communications for calculating the time limit and clarified that interest becomes payable after three months from the refund application date, not the order date. The impugned orders were set aside, allowing the appeals with consequential relief in line with the Ranbaxy Laboratories Ltd. precedent. en-us Wed, 22 Feb 2017 00:00:00 +0530 Tue, 05 Sep 2017 16:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340063 The Tribunal held that interest under Section 11BB of the Central Excise Act was applicable for delayed refund disbursement, emphasizing the statutory time limit under Section 11B from the date of filing the refund claim. The Tribunal rejected the Commissioner (Appeals)' interpretation that considered subsequent communications for calculating the time limit and clarified that interest becomes payable after three months from the refund application date, not the order date. The impugned orders were set aside, allowing the appeals with consequential relief in line with the Ranbaxy Laboratories Ltd. precedent. Case-Laws Service Tax Wed, 22 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340063