https://www.taxtmi.com/caselaws?id=408566 The tribunal ruled that the appellant is entitled to interest on the entire refund amount from 24.6.2006, the date of the original refund application, under Section 11BB of the Central Excise Act, 1944. The tribunal set aside the previous order that incorrectly calculated interest from varying dates and ordered a recalculation from the correct date. This decision emphasizes the necessity of following statutory provisions and consistent departmental interpretations concerning interest on delayed refunds. The appeal was allowed, reinforcing that interest liability begins three months after the receipt of the refund application. en-us Mon, 14 Jun 2021 00:00:00 +0530 Mon, 01 Jan 2024 15:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408566 The tribunal ruled that the appellant is entitled to interest on the entire refund amount from 24.6.2006, the date of the original refund application, under Section 11BB of the Central Excise Act, 1944. The tribunal set aside the previous order that incorrectly calculated interest from varying dates and ordered a recalculation from the correct date. This decision emphasizes the necessity of following statutory provisions and consistent departmental interpretations concerning interest on delayed refunds. The appeal was allowed, reinforcing that interest liability begins three months after the receipt of the refund application. Case-Laws Service Tax Mon, 14 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408566