https://www.taxtmi.com/caselaws?id=388419 The Tribunal dismissed the appeal, affirming the 6% interest rate fixed by the Central Government through notification for delayed refund payments under the Central Excise Act, 1944. The decision emphasized adherence to statutory provisions over judicial interpretations, highlighting the government's authority to determine the interest rate. This ruling diverged from previous decisions advocating for a higher rate, underscoring the Tribunal's commitment to upholding prescribed rates in such cases. en-us Wed, 13 Nov 2019 00:00:00 +0530 Sat, 07 Nov 2020 16:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388419 The Tribunal dismissed the appeal, affirming the 6% interest rate fixed by the Central Government through notification for delayed refund payments under the Central Excise Act, 1944. The decision emphasized adherence to statutory provisions over judicial interpretations, highlighting the government's authority to determine the interest rate. This ruling diverged from previous decisions advocating for a higher rate, underscoring the Tribunal's commitment to upholding prescribed rates in such cases. Case-Laws Central Excise Wed, 13 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388419