https://www.taxtmi.com/caselaws?id=48590 Interest on delayed refund under section 11BB of the Central Excise Act, 1944 becomes payable after expiry of three months from receipt of the refund application, including where the refund is ultimately sanctioned pursuant to an appellate or revisional order treated as an order under section 11B(2). The governing principle is that the later sanction date does not postpone the commencement of interest once the statutory three-month period has lapsed. Applying that rule, interest was held payable from the day immediately after expiry of three months from receipt of the refund claim, and the assessee obtained the consequential refund-related relief. en-us Wed, 07 Jun 2000 00:00:00 +0530 Wed, 18 Dec 2019 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=48590 Interest on delayed refund under section 11BB of the Central Excise Act, 1944 becomes payable after expiry of three months from receipt of the refund application, including where the refund is ultimately sanctioned pursuant to an appellate or revisional order treated as an order under section 11B(2). The governing principle is that the later sanction date does not postpone the commencement of interest once the statutory three-month period has lapsed. Applying that rule, interest was held payable from the day immediately after expiry of three months from receipt of the refund claim, and the assessee obtained the consequential refund-related relief. Case-Laws Central Excise Wed, 07 Jun 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=48590