https://www.taxtmi.com/caselaws?id=450812 CESTAT Ahmedabad allowed the appeal by remand regarding interest on delayed refund under Section 11BB of Central Excise Act, 1944. Following SC precedent in Union of India v. Hamdard Laboratories, the tribunal held that the department must issue deficiency memo within two days of receiving refund application, failing which interest becomes payable. The matter was remanded to Commissioner (Appeals) to verify whether proper deficiency memo was issued within stipulated timeframe and decide interest liability accordingly. en-us Wed, 06 Mar 2024 00:00:00 +0530 Wed, 13 Mar 2024 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=450812 CESTAT Ahmedabad allowed the appeal by remand regarding interest on delayed refund under Section 11BB of Central Excise Act, 1944. Following SC precedent in Union of India v. Hamdard Laboratories, the tribunal held that the department must issue deficiency memo within two days of receiving refund application, failing which interest becomes payable. The matter was remanded to Commissioner (Appeals) to verify whether proper deficiency memo was issued within stipulated timeframe and decide interest liability accordingly. Case-Laws Service Tax Wed, 06 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=450812