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2008 (7) TMI 324 - AT - Central ExciseInterest on delayed refund of Cenvat credit - Commissioner (Appeals) has rejected the claim for interest on the ground that the refund of Cenvat credit as per the provisions of Rule 5 is not covered by Section 11B and therefore interest is not admissible – held that intention of legislature was to apply all provisions of Section 11B for the refund of Cenvat credit also - arguments of revenue that Section 11B and Section 11BB are not applicable for claim of interest for delayed refund of Cenvat credit amount, not acceptable - held that appellants are eligible for interest on delayed refund of Cenvat credit – appeal allowed
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