https://www.taxtmi.com/caselaws?id=345051 The Tribunal allowed the appeal, granting the appellant interest on delayed refund under Section 11BB of the Central Excise Act, 1944. The Tribunal held that interest is payable irrespective of the reasons for delay in refunding excise duties, citing relevant judgments. It clarified its jurisdiction to decide on interest on rebate and rejected the argument against hearing the case by a Division Bench. The Tribunal emphasized that Section 11BB mandates interest payment after three months from the refund application date, necessitating interest payment to the appellant despite retrospective amendments. en-us Mon, 19 Jun 2017 00:00:00 +0530 Wed, 12 Jul 2017 14:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345051 The Tribunal allowed the appeal, granting the appellant interest on delayed refund under Section 11BB of the Central Excise Act, 1944. The Tribunal held that interest is payable irrespective of the reasons for delay in refunding excise duties, citing relevant judgments. It clarified its jurisdiction to decide on interest on rebate and rejected the argument against hearing the case by a Division Bench. The Tribunal emphasized that Section 11BB mandates interest payment after three months from the refund application date, necessitating interest payment to the appellant despite retrospective amendments. Case-Laws Central Excise Mon, 19 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345051