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2017 (11) TMI 1323 - CESTAT CHENNAILiability of interest - delayed payment of interest on the refund sanctioned - Held that: - Any claim of amount from the Government can be disbursed only based on a statutory provision - in Gujarat Fluoro Chemicals [2013 (10) TMI 117 - SUPREME COURT], the Hon’ble Supreme Court, examining similar provisions under the Income Tax, held that the payment ordered in Sandvik case [2006 (1) TMI 55 - SUPREME Court] cannot be considered as interest on interest and it was ordered in special circumstances as a compensation for unduly long delay in sanctioning the refund / interest - appeal dismissed - decided against appellant.
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