https://www.taxtmi.com/caselaws?id=449926 CESTAT Allahabad dismissed Revenue's appeal regarding interest on delayed refund for pre-Section 11BB period. The refund application was filed on 07.04.1997, and Revenue failed to challenge the tribunal's direction to pay interest through proper appellate channels. Following SC precedent in Ranbaxy Laboratories case, interest liability under Section 11BB commences three months from refund application receipt date, not from refund order date. Revenue's challenge to interest payment in these proceedings was deemed without merit. en-us Wed, 21 Feb 2024 00:00:00 +0530 Fri, 23 Feb 2024 08:22:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449926 CESTAT Allahabad dismissed Revenue's appeal regarding interest on delayed refund for pre-Section 11BB period. The refund application was filed on 07.04.1997, and Revenue failed to challenge the tribunal's direction to pay interest through proper appellate channels. Following SC precedent in Ranbaxy Laboratories case, interest liability under Section 11BB commences three months from refund application receipt date, not from refund order date. Revenue's challenge to interest payment in these proceedings was deemed without merit. Case-Laws Central Excise Wed, 21 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449926