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2018 (5) TMI 1109 - AT - Central ExciseInterest on refund - relevant date, from which Revenue is liable to pay interest - Held that: - the respondent-assessee is eligible for interest on the amount after the expiry of three months from the date of refund application till the date cash refund - issue is settled in the case of Ranbaxy Laboratories Ltd. v, Union of India [2011 (10) TMI 16 - Supreme Court of India] wherein their Lordships have settled the law inasmuch as that interest liability arises on Revenue authorities after the expiry of three months from the date of application for refund - appeal dismissed - decided against Revenue.
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