https://www.taxtmi.com/caselaws?id=191031 The appeal filed by the assessee was allowed, and the appeal of the Revenue was dismissed. The judgment clarified the timeline for interest payment on delayed refund sanctions and upheld the assessee's entitlement to interest in this case. The Tribunal determined that interest under Section 11BB of the Central Excise Act starts accruing from the expiry of three months from the date of receipt of the refund application under Section 11B, leading to the assessee being entitled to interest from 21.02.2005 until the actual payment date of 03.01.2006. en-us Thu, 17 Dec 2015 00:00:00 +0530 Sat, 18 Mar 2017 11:23:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191031 The appeal filed by the assessee was allowed, and the appeal of the Revenue was dismissed. The judgment clarified the timeline for interest payment on delayed refund sanctions and upheld the assessee's entitlement to interest in this case. The Tribunal determined that interest under Section 11BB of the Central Excise Act starts accruing from the expiry of three months from the date of receipt of the refund application under Section 11B, leading to the assessee being entitled to interest from 21.02.2005 until the actual payment date of 03.01.2006. Case-Laws Central Excise Thu, 17 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191031