https://www.taxtmi.com/caselaws?id=388002 The Tribunal dismissed the appeals, holding that the appellant is not entitled to interest on delayed payment of interest and that the statutory rate of interest on delayed refunds is applicable. The Tribunal also rejected the argument for adjusting the refunded amount towards interest liability first, affirming that such a rule is not applicable in the context of indirect tax refunds. The orders under challenge were upheld, and the appeals were dismissed. en-us Thu, 31 Oct 2019 00:00:00 +0530 Fri, 30 Oct 2020 13:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388002 The Tribunal dismissed the appeals, holding that the appellant is not entitled to interest on delayed payment of interest and that the statutory rate of interest on delayed refunds is applicable. The Tribunal also rejected the argument for adjusting the refunded amount towards interest liability first, affirming that such a rule is not applicable in the context of indirect tax refunds. The orders under challenge were upheld, and the appeals were dismissed. Case-Laws Service Tax Thu, 31 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388002