Appellate Tribunal Grants Stay on Interest Recovery; No Pre-Deposit for Interest

The Appellate Tribunal CESTAT, CHENNAI granted stay of recovery of interest on duty as the duty was paid under protest during adjudication, and penalty proposal was dropped by the Commissioner (Appeals). No pre-deposit required for interest under Section 35F of the Central Excise Act. The appeal will proceed accordingly.

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The Appellate Tribunal CESTAT, CHENNAI granted stay of recovery of interest on duty as the duty was paid under protest during adjudication, and penalty proposal was dropped by the Commissioner (Appeals). No pre-deposit required for interest under Section 35F of the Central Excise Act. The appeal will proceed accordingly.

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