https://www.taxtmi.com/caselaws?id=384062 The Tribunal held that the appellant was entitled to interest on the refunded duty amount at the rate specified by the Central Government, contrary to the Commissioner (Appeals) decision. The denial of interest under Rule 7(5) of the Central Excise Rules was set aside, and the appellant was granted interest from the specified date till the refund date, to be paid promptly within two months of the order. The judgment clarified the independent nature of Rule 7(5) regarding interest payment on refunds, separate from Sections 11B and 11BB of the Central Excise Act. en-us Tue, 16 Jul 2019 00:00:00 +0530 Tue, 06 Aug 2019 06:44:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384062 The Tribunal held that the appellant was entitled to interest on the refunded duty amount at the rate specified by the Central Government, contrary to the Commissioner (Appeals) decision. The denial of interest under Rule 7(5) of the Central Excise Rules was set aside, and the appellant was granted interest from the specified date till the refund date, to be paid promptly within two months of the order. The judgment clarified the independent nature of Rule 7(5) regarding interest payment on refunds, separate from Sections 11B and 11BB of the Central Excise Act. Case-Laws Central Excise Tue, 16 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384062