https://www.taxtmi.com/caselaws?id=421062 Interest under Section 11BB of the Central Excise Act, 1944 was held inapplicable to a refund arising from finalisation of provisional assessment under Rule 9B of the Central Excise Rules, 1944. Refunds or recoveries consequent upon adjustment under Rule 9B(5) were treated as distinct from refunds governed by Section 11B or other general refund regimes. The Tribunal applied the settled principle that refund claims flowing directly from provisional assessment finalisation stand on a different footing, and therefore no interest was payable on the refund. en-us Wed, 13 Apr 2022 00:00:00 +0530 Sat, 16 Apr 2022 08:12:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=421062 Interest under Section 11BB of the Central Excise Act, 1944 was held inapplicable to a refund arising from finalisation of provisional assessment under Rule 9B of the Central Excise Rules, 1944. Refunds or recoveries consequent upon adjustment under Rule 9B(5) were treated as distinct from refunds governed by Section 11B or other general refund regimes. The Tribunal applied the settled principle that refund claims flowing directly from provisional assessment finalisation stand on a different footing, and therefore no interest was payable on the refund. Case-Laws Central Excise Wed, 13 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=421062