https://www.taxtmi.com/caselaws?id=47171 The Supreme Court affirmed the Division Bench's decision in favor of the petitioners, directing the Central Excise Authorities to refund the deposited amount. Despite no specific order for interest, the court held the respondents liable to pay simple interest at 8% per annum from July 10, 2002, to March 5, 2004, due to delayed refund processing. The court considered this period reasonable for refund completion. The respondents were ordered to pay the interest within one month, with no additional costs. en-us Thu, 16 Sep 2004 00:00:00 +0530 Tue, 27 Jul 2010 13:10:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47171 The Supreme Court affirmed the Division Bench's decision in favor of the petitioners, directing the Central Excise Authorities to refund the deposited amount. Despite no specific order for interest, the court held the respondents liable to pay simple interest at 8% per annum from July 10, 2002, to March 5, 2004, due to delayed refund processing. The court considered this period reasonable for refund completion. The respondents were ordered to pay the interest within one month, with no additional costs. Case-Laws Central Excise Thu, 16 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47171