https://www.taxtmi.com/caselaws?id=51983 The appeal was allowed, setting aside the Commissioner (Appeals)'s order rejecting the refund claim for a bank guarantee amount. The Tribunal held that the right to claim refund accrued from the date of the Tribunal's order, not from encashment. The Tribunal deemed the authorities' time computation from encashment erroneous. As Section 11B was held inapplicable to bank guarantees in provisional assessments, interest under Section 11BB was denied. The appellants were directed to receive the refund within four weeks. en-us Wed, 06 Aug 2003 00:00:00 +0530 Wed, 29 Sep 2010 15:44:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=51983 The appeal was allowed, setting aside the Commissioner (Appeals)'s order rejecting the refund claim for a bank guarantee amount. The Tribunal held that the right to claim refund accrued from the date of the Tribunal's order, not from encashment. The Tribunal deemed the authorities' time computation from encashment erroneous. As Section 11B was held inapplicable to bank guarantees in provisional assessments, interest under Section 11BB was denied. The appellants were directed to receive the refund within four weeks. Case-Laws Central Excise Wed, 06 Aug 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=51983