Supreme Court Modifies High Court Order on Interest for Delayed Refund under Central Excise Act. The Court clarified that interest on refunds is governed by statutory provisions, specifically Section 11BB of the Central Excise Act, 1944....
The case involved a dispute regarding the entitlement of interest on a delayed refund under the Central Excise Act, 1944. The respondent, Shreeji Colour Chem Industries, claimed a refund of Rs.2,50,49...




