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Appellant eligible for 12% interest on delayed refund from 3 months after claim filing.

The appellant is entitled to a 12% annual interest on a delayed refund, starting three months after the refund claim was filed, specifically from February 22, 2008, until the refund is paid. The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) upheld the appeal and mandated the interest payment within eight weeks of the order's communication. The Supreme Court's precedent in the Ranbaxy case establishes the relevant date for interest calculation. The interest rate is supported by the Allahabad CESTAT's interpretation in the Parle Agro judgment under Section 11BB. .....

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