https://www.taxtmi.com/caselaws?id=759727 CESTAT Allahabad dismissed appeals regarding interest claims on refunded amounts deposited under protest. The tribunal held that while appellant was entitled to interest on refunded amounts after favorable determination, interest under section 11BB would only be payable after three months from refund application receipt, not from deposit date. Since refund applications were received on 29.05.2019 and 21.07.2019, and refunds were processed within one month on 11.06.2019 and 15.07.2019 respectively, no interest was payable under either section 11BB or 35FF of Central Excise Act, 1944. en-us Thu, 12 Sep 2024 00:00:00 +0530 Tue, 08 Oct 2024 07:36:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759727 CESTAT Allahabad dismissed appeals regarding interest claims on refunded amounts deposited under protest. The tribunal held that while appellant was entitled to interest on refunded amounts after favorable determination, interest under section 11BB would only be payable after three months from refund application receipt, not from deposit date. Since refund applications were received on 29.05.2019 and 21.07.2019, and refunds were processed within one month on 11.06.2019 and 15.07.2019 respectively, no interest was payable under either section 11BB or 35FF of Central Excise Act, 1944. Case-Laws Service Tax Thu, 12 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759727