Interest on refund amount u/s 11BB to be sanctioned after delay of 3 months by respective authorities

Qualcomm India Private Limited Vs Union of India And Others (Bombay High Court) Conclusion: Once there was delay in payment of refund within three months from the date of receipt of application, rigors of section 11BB set in and payment of interest on the delayed refund became obligatory. Non-granting of interest in such a case would amount to failure to discharge statutory duty / obligation by the refund sanctioning authority, therefore, assessee would be entitled to interest under section 11BB of the Central Excise Act, 1944 on the amounts refunded to it. Held: Assessee-company was engaged i...