https://www.taxtmi.com/caselaws?id=786860 Petitioner deposited excise duty under protest and, following favourable appellate orders, is entitled to statutory interest on the refunded duty under the statutory refund framework; interest is payable at the rate notified by the Government and commences after the expiry of the three month period following introduction of the Finance Bill, 1995 (i.e., post the prescribed commencement point). The record of earlier refund requests and the respondent's delay in sanctioning the refund until late 2000 informed the award of interest, and the petition was allowed. en-us Mon, 16 Feb 2026 00:00:00 +0530 Sat, 21 Feb 2026 09:29:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786860 Petitioner deposited excise duty under protest and, following favourable appellate orders, is entitled to statutory interest on the refunded duty under the statutory refund framework; interest is payable at the rate notified by the Government and commences after the expiry of the three month period following introduction of the Finance Bill, 1995 (i.e., post the prescribed commencement point). The record of earlier refund requests and the respondent's delay in sanctioning the refund until late 2000 informed the award of interest, and the petition was allowed. Case-Laws Central Excise Mon, 16 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786860