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2011 (4) TMI 963 - AT - Central ExciseInterest on refund - Commissioner (Appeals) has held that the respondents are entitled for interest on the refund amount with effect from 27-5-1997 till the date of refund i.e. 20-1-2006. Earlier the adjudicating authority had refused to grant any interest on the refund amount - Commissioner (Appeals) merely held that in terms of the finding of the Settlement Commission in its final order, the respondents would be entitled for refund but the details were required to be verified to ascertain the correct amount refundable and for that purpose, direction was issued to the adjudicating authority – Held that:- respondents did not react against the finding of the authority that his refund claim under the application dated 27-2-97 was premature till 29-11-06 as the quantum of duty liability of the respondents was not determined, Commissioner (Appeals) could not have directed payment of interest and to that extent, the impugned order is not sustainable and is liable to be quashed and is set aside, appeal succeeds. The impugned order directing the payment of any interest is hereby quashed and set aside
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