https://www.taxtmi.com/caselaws?id=423697 The Tribunal ruled in favor of the appellant in an appeal against the rejection of interest on refund amount claims. It held that interest under Section 11BB of the Central Excise Act becomes payable if refunds are not granted within three months of the application. The appellant was entitled to interest from the date after the three-month period until the actual refund date. The impugned order was set aside, and the appellant's appeals were allowed, granting statutory interest on the delayed refund amount from the due date to the actual payment date. en-us Fri, 10 Jun 2022 00:00:00 +0530 Mon, 13 Jun 2022 08:42:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=423697 The Tribunal ruled in favor of the appellant in an appeal against the rejection of interest on refund amount claims. It held that interest under Section 11BB of the Central Excise Act becomes payable if refunds are not granted within three months of the application. The appellant was entitled to interest from the date after the three-month period until the actual refund date. The impugned order was set aside, and the appellant's appeals were allowed, granting statutory interest on the delayed refund amount from the due date to the actual payment date. Case-Laws Central Excise Fri, 10 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=423697