https://www.taxtmi.com/caselaws?id=400971 The Supreme Court addressed the denial of relief of statutory interest under Section 11BB of the Central Excise Act, 1944. The Court held that the liability to pay interest on belated refund starts from the date of the refund application, emphasizing non-payment within three months triggers the interest obligation. Referring to precedent, the Court allowed the appeal, granting the appellant's claim for statutory interest and directed prompt payment within three months from the judgment date, setting aside the High Court's decision. en-us Thu, 06 Aug 2020 00:00:00 +0530 Mon, 11 May 2026 11:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400971 The Supreme Court addressed the denial of relief of statutory interest under Section 11BB of the Central Excise Act, 1944. The Court held that the liability to pay interest on belated refund starts from the date of the refund application, emphasizing non-payment within three months triggers the interest obligation. Referring to precedent, the Court allowed the appeal, granting the appellant's claim for statutory interest and directed prompt payment within three months from the judgment date, setting aside the High Court's decision. Case-Laws Central Excise Thu, 06 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400971