https://www.taxtmi.com/caselaws?id=410590 The Tribunal allowed the appeal, overturning the denial of interest on the refunded amount. Emphasizing the statutory obligation under Section 11BB of the Central Excise Act, interest liability was deemed to commence from the date of the refund application, not the final sanction date. The Tribunal clarified that interest becomes payable after three months from the application date, irrespective of the refund order date. Relying on legal principles and precedents, the Department was held obligated to pay interest along with the refunded amount, ensuring a fair resolution for the appellant. en-us Tue, 03 Aug 2021 00:00:00 +0530 Thu, 05 Aug 2021 08:44:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410590 The Tribunal allowed the appeal, overturning the denial of interest on the refunded amount. Emphasizing the statutory obligation under Section 11BB of the Central Excise Act, interest liability was deemed to commence from the date of the refund application, not the final sanction date. The Tribunal clarified that interest becomes payable after three months from the application date, irrespective of the refund order date. Relying on legal principles and precedents, the Department was held obligated to pay interest along with the refunded amount, ensuring a fair resolution for the appellant. Case-Laws Central Excise Tue, 03 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410590