https://www.taxtmi.com/caselaws?id=46294 The Court found in favor of the petitioner, holding that they were entitled to a refund of Rs. 80,00,000/- along with interest as per Section 11BB of the Central Excise Act, 1944. The refund was to be credited to the petitioner's Cenvat Account in Himachal Pradesh, allowing for future credit utilization. Interest was to be calculated from the date of deposit in 1996. The petitioner was also granted the option to transfer the amount for Excise Duty payment in case of policy changes. The respondents' delay in refund and withholding of funds were criticized, and the petitioner was awarded costs of Rs. 10,000/-. en-us Fri, 23 Nov 2001 00:00:00 +0530 Sat, 17 Jul 2010 10:42:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=46294 The Court found in favor of the petitioner, holding that they were entitled to a refund of Rs. 80,00,000/- along with interest as per Section 11BB of the Central Excise Act, 1944. The refund was to be credited to the petitioner's Cenvat Account in Himachal Pradesh, allowing for future credit utilization. Interest was to be calculated from the date of deposit in 1996. The petitioner was also granted the option to transfer the amount for Excise Duty payment in case of policy changes. The respondents' delay in refund and withholding of funds were criticized, and the petitioner was awarded costs of Rs. 10,000/-. Case-Laws Central Excise Fri, 23 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=46294