https://www.taxtmi.com/caselaws?id=446567 The HC held that interest under Section 11BB of the Central Excise Act, 1944 accrues from three months after the date of receipt of refund application, not from the date of appellate authority's order. Following SC precedents in Ranbaxy Laboratories Ltd. and Manisha Pharmo Plast Private Ltd., the court rejected the respondent's argument that interest should be calculated from the adjudicating authority's order date. The respondents were directed to calculate statutory interest from three months after the application date until actual refund grant and pay within four months. en-us Fri, 10 Nov 2023 00:00:00 +0530 Wed, 06 Dec 2023 18:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446567 The HC held that interest under Section 11BB of the Central Excise Act, 1944 accrues from three months after the date of receipt of refund application, not from the date of appellate authority's order. Following SC precedents in Ranbaxy Laboratories Ltd. and Manisha Pharmo Plast Private Ltd., the court rejected the respondent's argument that interest should be calculated from the adjudicating authority's order date. The respondents were directed to calculate statutory interest from three months after the application date until actual refund grant and pay within four months. Case-Laws Central Excise Fri, 10 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446567