https://www.taxtmi.com/caselaws?id=354176 The Tribunal allowed the appeal and granted interest to the appellant for the delay in transferring credit under the Modvat scheme. The Tribunal held that the provisions of Rule 57H enabled refund under the Modvat credit scheme, subject to the limitations of section 11B of the Central Excise Act. It was concluded that interest could be claimed for the delay caused by the Revenue in allowing the transfer of credit. The appellant was entitled to interest from the date of filing the refund claim to the realization of the credit transfer. en-us Mon, 15 Jan 2018 00:00:00 +0530 Mon, 26 Feb 2018 12:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354176 The Tribunal allowed the appeal and granted interest to the appellant for the delay in transferring credit under the Modvat scheme. The Tribunal held that the provisions of Rule 57H enabled refund under the Modvat credit scheme, subject to the limitations of section 11B of the Central Excise Act. It was concluded that interest could be claimed for the delay caused by the Revenue in allowing the transfer of credit. The appellant was entitled to interest from the date of filing the refund claim to the realization of the credit transfer. Case-Laws Central Excise Mon, 15 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354176