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2014 (3) TMI 158 - AT - Central ExciseInterest on delayed refund - Whether the appellant are entitled for claiming interest on delayed refund of the amount paid by them before issuance of the show-cause notice or not - Held that:- interest on delayed refund is payable on expiry of period of 3 months from the date of receipt of the application under Section 11B(1) of the Central Excise Act, 1944. Therefore, I direct the adjudicating authority to pay the interest to the appellant on delayed refund on expiry of period of three months from the date of receipt of application under Section 11B(1) - Following decision of the decision of Ranbaxy Laboratories Ltd. [2011 (10) TMI 16 - Supreme Court of India] - Decided in favour of assessee.
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