https://www.taxtmi.com/caselaws?id=763016 Interest on delayed refund under section 11BB of the Central Excise Act, 1944 becomes payable if the sanctioned refund is not paid within three months from receipt of the refund application under section 11B, and not from the date of the refund order. Where a refund dispute arose from provisional assessment and the earlier remand had required finalization of assessment with consequential refund and interest, the original refund claim remained the operative application. The later fresh claim did not displace that foundation, so restricting interest only from the later application date was inconsistent with the statute and the remand directions. Full consequential interest was therefore payable. en-us Mon, 02 Dec 2024 00:00:00 +0530 Thu, 12 Dec 2024 08:55:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763016 Interest on delayed refund under section 11BB of the Central Excise Act, 1944 becomes payable if the sanctioned refund is not paid within three months from receipt of the refund application under section 11B, and not from the date of the refund order. Where a refund dispute arose from provisional assessment and the earlier remand had required finalization of assessment with consequential refund and interest, the original refund claim remained the operative application. The later fresh claim did not displace that foundation, so restricting interest only from the later application date was inconsistent with the statute and the remand directions. Full consequential interest was therefore payable. Case-Laws Central Excise Mon, 02 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763016