https://www.taxtmi.com/caselaws?id=418647 The High Court directed respondent No.3 to calculate interest on a refunded amount under Section 11BB of the Central Excise Act, 1944, from the date of expiry of three months from the refund application date. The court clarified that interest is payable if duty is not refunded within three months of the refund application. The Supreme Court emphasized that interest under Section 11BB starts accruing from the expiry of the three-month period, not from the refund order date. Both writ applications were allowed, and respondent No.3 was instructed to calculate interest as per the court's directive. en-us Wed, 16 Feb 2022 00:00:00 +0530 Tue, 22 Feb 2022 07:22:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418647 The High Court directed respondent No.3 to calculate interest on a refunded amount under Section 11BB of the Central Excise Act, 1944, from the date of expiry of three months from the refund application date. The court clarified that interest is payable if duty is not refunded within three months of the refund application. The Supreme Court emphasized that interest under Section 11BB starts accruing from the expiry of the three-month period, not from the refund order date. Both writ applications were allowed, and respondent No.3 was instructed to calculate interest as per the court's directive. Case-Laws Central Excise Wed, 16 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418647