https://www.taxtmi.com/caselaws?id=377565 The appeal was dismissed as the Tribunal upheld the decision of the Commissioner (Appeals) to deny interest on the refunded amount of Rs. 87,17,359. The Tribunal found that the refund was granted within three months of its order, in compliance with Section 35FF of the Act, which mandates interest payment only if the refunded amount is not returned within three months from the date of communication of the order. The appellant's claim for interest on the refunded amount was rejected based on this interpretation, leading to the dismissal of the appeal. en-us Wed, 20 Mar 2019 00:00:00 +0530 Mon, 01 Apr 2019 07:21:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377565 The appeal was dismissed as the Tribunal upheld the decision of the Commissioner (Appeals) to deny interest on the refunded amount of Rs. 87,17,359. The Tribunal found that the refund was granted within three months of its order, in compliance with Section 35FF of the Act, which mandates interest payment only if the refunded amount is not returned within three months from the date of communication of the order. The appellant's claim for interest on the refunded amount was rejected based on this interpretation, leading to the dismissal of the appeal. Case-Laws Central Excise Wed, 20 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377565