2015 (12) TMI 1054

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..... rused a decision of the Hon’ble Supreme Court in the case of Ranbaxy Pharmaceuticals Limited v. Union of India, [2011 (10) TMI 16 - Supreme Court of India ] by which it has been held by the Honourable Supreme Court that the law to pay the interest commences from the date of expiry of three months from the date of receipt of application and not from the decision. In our view, the issue has been cov .....

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..... terest on the refund immediately on the expiry of three months period of submission of his application of refund towards the duty paid by him. The appellant intend that the following question shall be framed as a substantial question of law in this appeal: Whether in the facts and circumstance of the case, was the Tribunal right in law in allowing interest on delayed sanctioned of refund f .....

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..... Mandavia, learned advocate for the appellant and perused the order impugned passed by the Tribunal, which has relied upon a decision of the Hon ble Apex Court. We has also perused a decision of the Hon ble Supreme Court in the case of Ranbaxy Pharmaceuticals Limited v. Union of India, (2011) 10 SCC 292 = 2011-TIOL-105-SC-CX by which it has been held by the Honourable Supreme Court that the law to .....

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