https://www.taxtmi.com/caselaws?id=449461 CESTAT Kolkata held that interest on delayed refund under Section 11BB of Central Excise Act commences from three months after receipt of refund application under Section 11B(1), not from the date of refund order. The tribunal clarified that "relevant date" in Section 11B pertains only to limitation periods for filing refund claims, not to interest calculation. Following Gujarat HC precedent in Kamakshi Tradexim case, the appellant was granted interest entitlement from three months post-application date. The lower authority's order was set aside and appeal allowed. en-us Thu, 08 Feb 2024 00:00:00 +0530 Mon, 12 Feb 2024 20:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449461 CESTAT Kolkata held that interest on delayed refund under Section 11BB of Central Excise Act commences from three months after receipt of refund application under Section 11B(1), not from the date of refund order. The tribunal clarified that "relevant date" in Section 11B pertains only to limitation periods for filing refund claims, not to interest calculation. Following Gujarat HC precedent in Kamakshi Tradexim case, the appellant was granted interest entitlement from three months post-application date. The lower authority's order was set aside and appeal allowed. Case-Laws Central Excise Thu, 08 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449461