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    <title>2024 (2) TMI 372 - CESTAT NEW DELHI</title>
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    <description>Appellants are entitled to interest on delayed payment of refund; the Tribunal applied precedent reasoning that interest accrues from the date of initial payment until the date of disbursement, at the rate specified by the prior authority, and directed calculation and payment of interest on the sanctioned refund. The operative effect is that the refund claimant receives interest on the refunded amount for the interregnum between payment and disbursement, and the appeal was allowed to secure that monetary relief.</description>
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    <pubDate>Thu, 11 Jan 2024 00:00:00 +0530</pubDate>
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      <title>2024 (2) TMI 372 - CESTAT NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=449221</link>
      <description>Appellants are entitled to interest on delayed payment of refund; the Tribunal applied precedent reasoning that interest accrues from the date of initial payment until the date of disbursement, at the rate specified by the prior authority, and directed calculation and payment of interest on the sanctioned refund. The operative effect is that the refund claimant receives interest on the refunded amount for the interregnum between payment and disbursement, and the appeal was allowed to secure that monetary relief.</description>
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      <pubDate>Thu, 11 Jan 2024 00:00:00 +0530</pubDate>
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