https://www.taxtmi.com/caselaws?id=785684 Discussion of interest liability on delayed rebate of excise duty concludes that statutory interest begins after expiry of the three-month period from rebate application, but where there is an abnormal or inordinate delay in sanctioning the rebate equitable principles and precedent require payment of a higher rate of interest to prevent unjust enrichment; applying that approach and relevant precedent, a higher interest rate of 12% was held payable on the sanctioned rebate amount, with consequential relief awarded to the appellant. en-us Wed, 28 Jan 2026 00:00:00 +0530 Wed, 28 Jan 2026 15:55:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785684 Discussion of interest liability on delayed rebate of excise duty concludes that statutory interest begins after expiry of the three-month period from rebate application, but where there is an abnormal or inordinate delay in sanctioning the rebate equitable principles and precedent require payment of a higher rate of interest to prevent unjust enrichment; applying that approach and relevant precedent, a higher interest rate of 12% was held payable on the sanctioned rebate amount, with consequential relief awarded to the appellant. Case-Laws Central Excise Wed, 28 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785684