https://www.taxtmi.com/caselaws?id=341253 The court held that the petitioners were entitled to interest on the delayed refund from the date of expiry of three months from the receipt of the refund application. The court rejected the respondents' argument that since the rebate was processed within the stipulated period, no interest was due. The court directed the respondents to pay the interest on the delayed refund within four weeks, emphasizing the importance of adhering to the Supreme Court's interpretation of legal provisions to prevent unnecessary litigation and harassment of taxpayers. en-us Wed, 15 Mar 2017 00:00:00 +0530 Sat, 26 Aug 2017 11:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341253 The court held that the petitioners were entitled to interest on the delayed refund from the date of expiry of three months from the receipt of the refund application. The court rejected the respondents' argument that since the rebate was processed within the stipulated period, no interest was due. The court directed the respondents to pay the interest on the delayed refund within four weeks, emphasizing the importance of adhering to the Supreme Court's interpretation of legal provisions to prevent unnecessary litigation and harassment of taxpayers. Case-Laws Central Excise Wed, 15 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341253