https://www.taxtmi.com/caselaws?id=444823 The HC held that interest under Section 11BB of the Central Excise Act, 1944 accrues from the expiry of 3 months from the date of receipt of refund application, not from the date of appellate order. Following SC precedents in Ranbaxy Laboratories and Manisha Pharmo Plast cases, the court directed revenue to calculate statutory interest from 3 months after the refund application date until actual refund grant. The respondents were ordered to pay calculated interest within 4 months. Petition disposed of. en-us Fri, 29 Sep 2023 00:00:00 +0530 Wed, 25 Oct 2023 09:17:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444823 The HC held that interest under Section 11BB of the Central Excise Act, 1944 accrues from the expiry of 3 months from the date of receipt of refund application, not from the date of appellate order. Following SC precedents in Ranbaxy Laboratories and Manisha Pharmo Plast cases, the court directed revenue to calculate statutory interest from 3 months after the refund application date until actual refund grant. The respondents were ordered to pay calculated interest within 4 months. Petition disposed of. Case-Laws Central Excise Fri, 29 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444823