https://www.taxtmi.com/caselaws?id=430136 The Tribunal allowed the appeal, holding that the appellant is entitled to interest for the delayed sanction of the refund claim related to excess cenvat credit reversal. The decision emphasized the applicability of Section 11B and Section 11BB, citing precedents and the Supreme Court's ruling on refund interest entitlement after a 3-month delay in sanction. The Tribunal overturned the lower authorities' decisions, granting interest from 3 months after the refund claim application until the sanction date, based on legal principles and precedents. en-us Mon, 31 Oct 2022 00:00:00 +0530 Sat, 12 Nov 2022 09:13:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430136 The Tribunal allowed the appeal, holding that the appellant is entitled to interest for the delayed sanction of the refund claim related to excess cenvat credit reversal. The decision emphasized the applicability of Section 11B and Section 11BB, citing precedents and the Supreme Court's ruling on refund interest entitlement after a 3-month delay in sanction. The Tribunal overturned the lower authorities' decisions, granting interest from 3 months after the refund claim application until the sanction date, based on legal principles and precedents. Case-Laws Central Excise Mon, 31 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430136