https://www.taxtmi.com/caselaws?id=47429 The HC ruled in favor of the petitioner, a Wakf, mandating the Assistant Commissioner to pay interest on the delayed refund of Rs. 3,74,00,000 under Section 11BB of the Central Excise Act, 1944. The court found the refund was delayed beyond the statutory three-month period, thus entitling the petitioner to interest from 26th November 1999 to 15th November 2000. The respondents were also ordered to pay Rs. 10,000 in costs for not fulfilling their statutory obligation. The writ petition was allowed, requiring compliance within thirty days. en-us Fri, 22 Jul 2005 00:00:00 +0530 Wed, 24 Apr 2024 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47429 The HC ruled in favor of the petitioner, a Wakf, mandating the Assistant Commissioner to pay interest on the delayed refund of Rs. 3,74,00,000 under Section 11BB of the Central Excise Act, 1944. The court found the refund was delayed beyond the statutory three-month period, thus entitling the petitioner to interest from 26th November 1999 to 15th November 2000. The respondents were also ordered to pay Rs. 10,000 in costs for not fulfilling their statutory obligation. The writ petition was allowed, requiring compliance within thirty days. Case-Laws Central Excise Fri, 22 Jul 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47429