TMI Blog2018 (4) TMI 1556X X X X Extracts X X X X X X X X Extracts X X X X ..... date of Tribunal’s order - Held that:- The law is settled by the Hon’ble Apex Court in the case of M/s Ranbaxy Laboratories Ltd., [2011 (10) TMI 16 - SUPREME COURT OF INDIA], wherein the Apex Court has held that interest liability arises in case of delayed refund and is to be paid after expiry of three months from the date of receipt of refund application, till the sanction of refund - appeal all ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... that interest is payable to appellant as refund in sanctioned within three months from the date of Tribunal s order. 4. In my view, Learned Consultant was correct in stating that the law is settled by the Hon ble Apex Court in the case of M/s Ranbaxy Laboratories Ltd., [2011 (273) ELT 3], wherein the Apex Court has held that interest liability arises in case of delayed refund and is to be paid ..... X X X X Extracts X X X X X X X X Extracts X X X X
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