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2013 (2) TMI 395 - AT - CustomsInterest on the amount of refund - Held that:- Liability of the revenue to pay interest under Section 11BB commences from the date of expiry of three months from the date of receipt of application for refund and not on the expiry of the said period from the date on which order of refund is made. Thus the appellant is eligible for the interest from three months after the date of filing of the refund application till the amount of refund is sanctioned to him. As regards the judgment relied upon by the departmental representative the Apex Court in Ranbaxy Laboratories Limited [2011 (10) TMI 16 - SUPREME COURT OF INDIA] has clearly settled the law in an identical situation in favour of assessee
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