https://www.taxtmi.com/caselaws?id=344491 The Tribunal ruled in favor of the Appellant regarding the eligibility of interest under Section 11BB of the CEA, 1944 on delayed refund claims filed under Rule 5 of CENVAT Credit Rules, 2004. The Tribunal held that the Appellant was entitled to interest on the delayed refund amount from the date of expiry of three months from filing the claim. However, the Tribunal rejected the claim for interest on the interest amount, citing a precedent from a Larger Bench decision. The appeal was allowed only to the extent of granting interest on the delayed refund amount as per the applicable provisions. en-us Mon, 22 May 2017 00:00:00 +0530 Mon, 19 Jun 2017 07:02:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344491 The Tribunal ruled in favor of the Appellant regarding the eligibility of interest under Section 11BB of the CEA, 1944 on delayed refund claims filed under Rule 5 of CENVAT Credit Rules, 2004. The Tribunal held that the Appellant was entitled to interest on the delayed refund amount from the date of expiry of three months from filing the claim. However, the Tribunal rejected the claim for interest on the interest amount, citing a precedent from a Larger Bench decision. The appeal was allowed only to the extent of granting interest on the delayed refund amount as per the applicable provisions. Case-Laws Central Excise Mon, 22 May 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344491