2016 (12) TMI 96

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..... of application for refund under Section 11-B(1) of the Act and not on the expiry of the said period from the date on which the order of refund is made - the revenue directed to pay interest in accordance with Section 11-BB of the Act of 1944 to the petitioner calculating such interest on and from expiry of three months from the date of making of the application for refund - petition allowed - dec .....

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..... f rebate claim. The claim on account of interest reached right up to the revisional authority who by the impugned order dated July 9, 2009 has rejected the same. Learned senior advocate appearing on behalf of the petitioner relies on (2011) 10 SCC 292 (Ranbaxy Laboratories Ltd. vs. Union of India Ors.) and submits that the entitlement to receive interest on delayed payment of rebate commences .....

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..... from the date of receipt of the application for refund or on the expiry of the said period from the date on which the order of refund is made. In paragraph 19 it has been held as follows : 19. In view of the above analysis, our answer to the question formulated in para 1 supra is that the liability of the Revenue to pay interest under Section 11-BB of the Act commences from the date of expir .....

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