https://www.taxtmi.com/caselaws?id=354176 Refund by transfer of unutilised Modvat credit under Rule 57H(3) was treated as part of the statutory refund regime, so the claim remained subject to the procedure and limitation in Section 11B of the Central Excise Act, 1944. The Tribunal also held that where the transfer of credit was delayed without lawful justification and the delay was attributable to the Revenue, interest became payable for the intervening period under Section 11BB. The order rejecting interest was therefore set aside, and consequential relief followed. 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 Refund by transfer of unutilised Modvat credit under Rule 57H(3) was treated as part of the statutory refund regime, so the claim remained subject to the procedure and limitation in Section 11B of the Central Excise Act, 1944. The Tribunal also held that where the transfer of credit was delayed without lawful justification and the delay was attributable to the Revenue, interest became payable for the intervening period under Section 11BB. The order rejecting interest was therefore set aside, and consequential relief followed. Case-Laws Central Excise Mon, 15 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354176