https://www.taxtmi.com/caselaws?id=374779 The Tribunal upheld the decision to refund duty under Section 11B of the Central Excise Act to the respondents, crediting it to the Consumer Welfare Fund. Interest on the refund amount was also approved, starting from the refund application date, as per Section 11BB. The Revenue's appeal challenging the interest payment timeline was dismissed by the Hon'ble High Court and subsequently upheld by the Supreme Court, affirming the correctness of the Deputy Commissioner's decision. The Tribunal's ruling was based on the interpretation of Section 11BB and the precedent established by the Apex Court, ensuring consistent application of interest payment rules in refund cases. en-us Wed, 02 Jan 2019 00:00:00 +0530 Sat, 09 Feb 2019 14:21:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374779 The Tribunal upheld the decision to refund duty under Section 11B of the Central Excise Act to the respondents, crediting it to the Consumer Welfare Fund. Interest on the refund amount was also approved, starting from the refund application date, as per Section 11BB. The Revenue's appeal challenging the interest payment timeline was dismissed by the Hon'ble High Court and subsequently upheld by the Supreme Court, affirming the correctness of the Deputy Commissioner's decision. The Tribunal's ruling was based on the interpretation of Section 11BB and the precedent established by the Apex Court, ensuring consistent application of interest payment rules in refund cases. Case-Laws Central Excise Wed, 02 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374779