https://www.taxtmi.com/caselaws?id=465146 HC allowed the writ petition, holding that the assessee is entitled to interest under Section 11BB of the Central Excise Act, 1944 on delayed refund beyond 90 days from the date of application. The communication rejecting interest was quashed as erroneous, since no adjudication proceedings had been initiated to justify withholding interest. HC found no legal impediment to grant statutory interest and directed the revenue authorities to compute and pay interest on the refunded amounts, after verifying the correctness of the assessee's calculations in the refund claim, within a stipulated time and strictly in accordance with law. en-us Tue, 13 Aug 2024 00:00:00 +0530 Mon, 08 Dec 2025 18:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465146 HC allowed the writ petition, holding that the assessee is entitled to interest under Section 11BB of the Central Excise Act, 1944 on delayed refund beyond 90 days from the date of application. The communication rejecting interest was quashed as erroneous, since no adjudication proceedings had been initiated to justify withholding interest. HC found no legal impediment to grant statutory interest and directed the revenue authorities to compute and pay interest on the refunded amounts, after verifying the correctness of the assessee's calculations in the refund claim, within a stipulated time and strictly in accordance with law. Case-Laws Central Excise Tue, 13 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465146