https://www.taxtmi.com/caselaws?id=280890 The Gujarat HC ruled in favor of the petitioner, granting interest on the refund amount under sec. 11BB of the Central Excise Act. The court held that the petitioner was entitled to interest from the date of the refund application, regardless of the Tribunal's silence on the matter. Interest should accrue from the initial refund application date, not the Tribunal's decision date. The court emphasized the importance of sec. 11BB in compensating for delays in refund payments and aligned its decision with legal precedents, ensuring the petitioner's entitlement to interest. en-us Fri, 03 Mar 2006 00:00:00 +0530 Fri, 24 May 2019 14:37:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280890 The Gujarat HC ruled in favor of the petitioner, granting interest on the refund amount under sec. 11BB of the Central Excise Act. The court held that the petitioner was entitled to interest from the date of the refund application, regardless of the Tribunal's silence on the matter. Interest should accrue from the initial refund application date, not the Tribunal's decision date. The court emphasized the importance of sec. 11BB in compensating for delays in refund payments and aligned its decision with legal precedents, ensuring the petitioner's entitlement to interest. Case-Laws Central Excise Fri, 03 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280890