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2018 (5) TMI 1352 - AT - Central ExciseEntitlement of interest - relevant date - interest for the intervening period i.e after 3 months from the application of filing the refund claim till its realization - Held that: - the issue of payment of interest has been travelled upto the Hon’ble Apex Court in the case of Ranbaxy Laboratories Ltd. [2011 (10) TMI 16 - SUPREME COURT OF INDIA], wherein the Hon’ble Apex court has examined the issue and after reliance of various circulars issued by the Revenue hold that the assessees entitled to claim interest on delay refunds after three months from the date of filing the refund claim till its realization. Admittedly, in this case initially refund claim was filed by the appellant on 31.12.2007 and the same has been sanctioned on 11.08.2014. In that circumstances, the appellant is entitled to claim interest after three months from 31.12.2007 till 11.08.2014. Appeal allowed.
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