Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2018 (4) TMI 1556

X X   X X   Extracts   X X   X X

→ Full Text of the Document

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

→ Full Text of the Document

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

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates