https://www.taxtmi.com/caselaws?id=384295 Interest on refund of unutilized Cenvat credit was denied because the refund did not arise under any express provision of the Central Excise Act or the Cenvat Credit Rules. The refund had been sanctioned pursuant to judicial directions and not as a refund contemplated by the statutory scheme. On that footing, the provisions governing interest on delayed refund were held inapplicable. The resulting principle is that interest liability on refund exists only where the refund itself is supported by an express statutory framework; absent that foundation, no interest can be claimed. en-us Thu, 08 Aug 2019 00:00:00 +0530 Sat, 10 Aug 2019 06:42:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384295 Interest on refund of unutilized Cenvat credit was denied because the refund did not arise under any express provision of the Central Excise Act or the Cenvat Credit Rules. The refund had been sanctioned pursuant to judicial directions and not as a refund contemplated by the statutory scheme. On that footing, the provisions governing interest on delayed refund were held inapplicable. The resulting principle is that interest liability on refund exists only where the refund itself is supported by an express statutory framework; absent that foundation, no interest can be claimed. Case-Laws Central Excise Thu, 08 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384295