https://www.taxtmi.com/caselaws?id=404336 The court held that the petitioners are entitled to interest on the delayed refund of Central Excise duty under Section 11BB of the Central Excise Act, 1944. The court emphasized the binding nature of judicial precedents over departmental circulars, directing revenue authorities to release the amount due within 60 days. The decision reiterated that subordinate authorities must adhere to judicial pronouncements, disregarding conflicting executive circulars. The writ petition was allowed with no order as to costs. en-us Fri, 29 Jan 2021 00:00:00 +0530 Sat, 04 Sep 2021 11:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404336 The court held that the petitioners are entitled to interest on the delayed refund of Central Excise duty under Section 11BB of the Central Excise Act, 1944. The court emphasized the binding nature of judicial precedents over departmental circulars, directing revenue authorities to release the amount due within 60 days. The decision reiterated that subordinate authorities must adhere to judicial pronouncements, disregarding conflicting executive circulars. The writ petition was allowed with no order as to costs. Case-Laws Central Excise Fri, 29 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404336