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2012 (5) TMI 272 - AT - Central ExciseInterest on Delayed refund (rebate claim) under central excise - Section 11B - held hat:- in regard to Central Excise Law, there is specific provision for grant of interest under Section 11BB and there is no reason why the same should not be followed. The matter has also been dealt with at length in the case of Ranbaxy Laboratories Ltd. (2011 (10) TMI 16 (SC)) wherein the Hon ble Supreme Court has categorically ruled that interest has to be paid beyond the delay of 3 months from the date of filing the claim. - Decided in favor of assessee.
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