https://www.taxtmi.com/caselaws?id=382065 The Gujarat High Court ruled in favor of the respondent, allowing a refund in a dispute over the assessment basis. The court held that interest under Section 11BB of the Central Excise Act should be paid from three months after the refund application until the actual refund date, regardless of the appeal status of the principal amount. Compliance with Section 11BB is mandatory, and interest must be provided if refunds are not issued within the stipulated timeframe, as highlighted by judicial precedents. The court emphasized the importance of honoring statutory obligations, even in the presence of pending appeals. en-us Tue, 18 Jun 2019 00:00:00 +0530 Tue, 25 Jun 2019 08:10:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382065 The Gujarat High Court ruled in favor of the respondent, allowing a refund in a dispute over the assessment basis. The court held that interest under Section 11BB of the Central Excise Act should be paid from three months after the refund application until the actual refund date, regardless of the appeal status of the principal amount. Compliance with Section 11BB is mandatory, and interest must be provided if refunds are not issued within the stipulated timeframe, as highlighted by judicial precedents. The court emphasized the importance of honoring statutory obligations, even in the presence of pending appeals. Case-Laws Central Excise Tue, 18 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382065