https://www.taxtmi.com/caselaws?id=771721 The CESTAT dismissed the appeal regarding interest on refund of amounts deposited under protest during Central Excise proceedings. Following the Delhi HC decision in Goldy Engineering Works, upheld by the SC, the tribunal held that interest on refunds is governed solely by Sections 11B and 11BB of the Central Excise Act. Interest is payable only on delays beyond three months from formal refund application date, not from deposit date. Deposits made during proceedings outside Section 35F do not attract interest from deposit date. en-us Wed, 28 May 2025 00:00:00 +0530 Thu, 29 May 2025 14:45:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771721 The CESTAT dismissed the appeal regarding interest on refund of amounts deposited under protest during Central Excise proceedings. Following the Delhi HC decision in Goldy Engineering Works, upheld by the SC, the tribunal held that interest on refunds is governed solely by Sections 11B and 11BB of the Central Excise Act. Interest is payable only on delays beyond three months from formal refund application date, not from deposit date. Deposits made during proceedings outside Section 35F do not attract interest from deposit date. Case-Laws Central Excise Wed, 28 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771721