https://www.taxtmi.com/caselaws?id=383876 The Tribunal allowed three appeals challenging an Order-in-Appeal denying interest on refunds under Rule 7(5) of the Central Excise Rules, 2002. It held that interest should be paid from the month succeeding the refund determination till the actual refund date, emphasizing it as a legal obligation. The Tribunal differentiated between finalization of provisional assessments and adjudication proceedings, ruling that interest under Rule 7(5) must be paid as per law. Consequently, the appeals were allowed, and interest under Rule 7(5) was granted to the appellants in accordance with the legal mandate. en-us Thu, 28 Mar 2019 00:00:00 +0530 Sat, 22 Feb 2020 11:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383876 The Tribunal allowed three appeals challenging an Order-in-Appeal denying interest on refunds under Rule 7(5) of the Central Excise Rules, 2002. It held that interest should be paid from the month succeeding the refund determination till the actual refund date, emphasizing it as a legal obligation. The Tribunal differentiated between finalization of provisional assessments and adjudication proceedings, ruling that interest under Rule 7(5) must be paid as per law. Consequently, the appeals were allowed, and interest under Rule 7(5) was granted to the appellants in accordance with the legal mandate. Case-Laws Central Excise Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383876