https://www.taxtmi.com/caselaws?id=403432 Interest on ineligible modvat credit could not be demanded in a refund proceeding without a show cause notice or other statutory trigger for recovery, because the liability to interest arises only on satisfaction of the prescribed conditions. Interest was therefore not sustainable on the credit appropriated against the refund claim. Separately, where a refund claim remains unpaid beyond three months, statutory refund interest becomes payable from the expiry of that period, and any alleged delay in furnishing particulars does not by itself defeat that entitlement unless the claim is rejected or adjudicated on that basis. The department's challenge failed, and the refund-related reliefs were maintained. en-us Tue, 12 Jan 2021 00:00:00 +0530 Tue, 27 Jul 2021 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403432 Interest on ineligible modvat credit could not be demanded in a refund proceeding without a show cause notice or other statutory trigger for recovery, because the liability to interest arises only on satisfaction of the prescribed conditions. Interest was therefore not sustainable on the credit appropriated against the refund claim. Separately, where a refund claim remains unpaid beyond three months, statutory refund interest becomes payable from the expiry of that period, and any alleged delay in furnishing particulars does not by itself defeat that entitlement unless the claim is rejected or adjudicated on that basis. The department's challenge failed, and the refund-related reliefs were maintained. Case-Laws Central Excise Tue, 12 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403432