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M/S Ranbaxy Laboratories Ltd vs Union Of India & Ors on 21 October, 2011

13. Therefore, following the ratio laid down in the above case laws, we hold that the appellant is eligible for the interest taking the refund claim date as the base. The appellant has filed the refund claim on 22.11.2007. Hence after considering the period of 3 months for processing of this application, the interest would be payable from 22.02.2008 till the date on which the refund has been paid to them.
Supreme Court of India Cites 4 - Cited by 129 - D K Jain - Full Document

M/S Al-Hamd Agro Food Products Pvt. Ltd vs Commissioner Of Customs, Noida on 14 June, 2016

"8. Considering the rival contentions, this appeal by the Revenue is dismissed. Further, it is directed that the Adjudicating Authority shall disburse the amount of interest @12% per annum forthwith, within a period of 45 days from the date of receipt of the copy of this order, as held by Division Bench of this Tribunal in Parle Agro (P) Ltd., (supra)."
Custom, Excise & Service Tax Tribunal Cites 23 - Cited by 1 - Full Document

Sandvik Asia Ltd vs Commissioner Of Income Tax-I, Pune & Ors on 27 January, 2006

"I further take notice that Divisioin Bench of this Tribunal in Parle Agro (P) Ltd. Vs. ommissioner, CGST - 2021-TIOL-306-CESTAT ALL, wherein interest on pre-deposit (made during investigation) have been enhanced from 6% to 12%, following the ruling of the Apex Court in Sandvik Asia Ltd. Vs. Commissioner - 2006 (196) E.L.T. 257 (S.C.). I further direct the Adjudicating Authority to grant interest @ 12% per annum from the date of deposit till the date of refund. Such interest should be granted within a period of two months from the date of receipt or service of the copy of this order."
Supreme Court of India Cites 38 - Cited by 290 - A R Lakshmanan - Full Document

Principal Commissioner, Cgst-Delhi ... vs Emmar Mgf Construction Pvt Ltd on 2 September, 2022

16. Similar view was taken in case of Pr. Commr. of CGST, New Delhi Vs. Emmar Mgf Construction Pvt. Ltd. reported as 2021 (55) GSTL 311 (Tri.- Del.) wherein it was held that amount deposited during investigation and/or pending litigation is ipso facto pre-deposit and interest is payable on such amount to the assessee being successful in appeal, from the date of deposit till the date of refund. Further, it is directed that the adjudicating authority shall disburse the amount of interest @ 12% per annum forthwith.
Custom, Excise & Service Tax Tribunal Cites 8 - Cited by 0 - D Gupta - Full Document
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