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2020 (6) TMI 223 - AT - Central ExciseInterest on refund claim - rejection of interest on the ground that the amount of refund has already been granted within three months from the date of filing on 18.01.2018 - HELD THAT:- As facts of the case are not in dispute that the appellant initially filed refund claim on 05.10.2010. Although, the said amount has been adjusted against demand in separate proceedings against the appellant and the appellant have succeeded in those proceedings also, therefore, relying on the decision of Hon’ble Supreme Court in RANBAXY LABORATORIES LTD. VERSUS UNION OF INDIA AND ORS. [2011 (10) TMI 16 - SUPREME COURT], it is held that the appellant is entitled to claim interest after three months from 05.10.2010 till realisation of the said amount. Further, the appellant is entitled to claim interest on deposit of ₹ 3,50,00,000/- after three months from the order date d 14.11.2017 of this Tribunal when the appellant is succeeded in appeal till its realisation. Appeal allowed - decided in favor of appellant.
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